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Overview
Most of the prominent payday loan providers today provide cost financing, being repayable throughout the years and you will shielded from the accessibility new borrower’s checking account, and additionally old-fashioned payday loans which might be due from inside the a beneficial single lump sum. step one Which change for the repayment financing has been geographically widespread, that have pay check or vehicle term lenders issuing for example loans or lines regarding borrowing from the bank in the twenty six of 39 says in which it operate. 2
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