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Payday loans in the United Kingdom are typically loans of up to £500 to be repaid over a short term, or until "payday". In the absence of restrictions on interest rates the typical annual percentage rate (APR) for payday loans can be 1,000 percent APR or more. A typical payday loan in the ... Read Article
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What Is A Payday Loan? - NCLC
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Banks Fill In The Payday Loan Gap
A payday loan is a costly form of credit operating on the fringes of the economy. That's why the target of a new crackdown by federal regulators may surprise you: Instead of a forlorn-looking storefront with a garish neon sign, it's your familiar neighborhood bank. A small but growing number of banks, including some major players, have been offering the equivalent of payday loans, calling them ... Read News
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Garnishment - Wikipedia, The Free Encyclopedia
Wage garnishments continue until the entire debt is paid or arrangements are made to pay off the debt. Loans and negotiations with creditors can also help debtors to avoid wage garnishment. The taxpayer does not need to actually receive the notice for the notice to be effective. ... Read Article
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