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Need some advice on a payday loan mess

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    #16
    Payday loans.... ::groan:: so many people get screwed through these... They often charge as much as the equivalent of 500% in annualized interest. So for your $300 loan, you might be paying a total of $450 if paid off at the 30-day mark. Biggest thing to remember is that there are ALWAYS better ways to go.

    As for resolving your little mess, you could use paypal, western union, or money gram... I believe how those work is that you give paypal (or whoever) a sum of money, then that company sends it electronically to whoever you need. Might be a way to protect yourself while still getting the thing paid off.
    "Praestantia per minutus" ... "Acta non verba"

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