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Paying off a payday loan is not the same as a credit card or personal loan. Payday loans are short-term and are expected to be paid back with your next paycheck. The timeliness, convenience, and ease of borrowing with a payday lender may overshadow the fact that the money needs to be paid back quickly. Perhaps this is why many consumers that borrow this way find themselves unable to repay within the expected time frame, forcing them to have to extend their loan (rollover") and pay high interest and fees as a result. "
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Are there benefits to using a cash advance online? There are some definite benefits, especially if it means getting other payments out on time. The short-term loan business stays strong because of many clear benefits that have helped many customers out of a financial crunch.


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