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Why Payday Loan APR is High
Annual percentage rate – APR—represents an interest rate for a whole year (annualized), rather than just a monthly rate. APR figures can often catch you by surprise, and leave you asking “the APR is how high?” If not educated on … Continue reading
Posted in Payday Loans
Tagged Annual Percentage Rate, APR, Cash Advance, Interest, Lenders, Loans, Payday Loans, Short-term Loans
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