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Tag: Payday loans

Payday Loans in Bankruptcy

December 20, 2012February 25, 2013
| No Comments
| Bankruptcy, Chapter 7 Bankruptcy, Discharge of Debt

Payday loans, or paycheck advances, are high interest rate loans designed to help the borrower receive some quick cash to help any financial burdens until they receive their next paycheck.  Since these payday loans have such a high interest rate, they become very devastating to borrowers.  If borrowers are relying heavily on these loans, their […]

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