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By Robert Longley, About.com Guide to US Government Info since 1997

Online Payday Loans - 650% Interest - Watch Out!

Thursday December 30, 2004
Consumers are being warned to exercise extreme caution when using Internet payday loan sites, where loans due by the next payday, can cost up to $30 per $100 borrowed and borrowers typically face annual interest rates (APRs) of 650%. Read more...

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