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Payday loans can be a lifesaver for people with bad credit. The process is simple, fast, and LA convenient, and you can even get a payday loan online.

However, a payday loan can become very expensive if you don’t pay it back on time. This is because lenders charge extra fees and interest when you roll over the debt.

They’re easy to get

Payday loans are small, short-term loans that lenders give to borrowers to cover expenses until their next Payday Loans Bossier City. They come with high interest rates, which often exceed 400% APR, and are marketed to low-income consumers. They are available at payday loan stores, check-cashing outlets, pawn shops and some banks.

Obtaining a Payday Loans Logan loan is relatively simple, and most lenders do not run a credit check. Instead, they typically ask for proof of income, a valid checking account and a regular source of income.

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