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A payday loan is a short-term loan that is typically due in full on the borrower's next paycheck. Most borrowers use the loans to cover recurring monthly expenses such as utilities or MT - https://maps.app.goo.gl/aHxQFGFoLneVQcKq9 rent. They also pay fees to roll over or renew their loans, creating a debt cycle.These loans are often unsecured and don't require a credit check, making them accessible to people with bad credit. However,…
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