How can the APR of a payday loan get so high? APR seems to be outside of basic percentages and factors in time. For example, a buyer in Missouri may very well be inside of a pinch for cash and want a two-7 days loan to tide them more than.

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But some purchaser advocates think about them thinly veiled payday lenders, because the two supply little-greenback loans due on your future payday.

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