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Pricing structure of payday loans â as noted above, payday loans come with a very high interest rate. Issuers of payday loans defend these high rates by saying processing costs for payday loans are proportionally higher than other loans. They argue that conventional interest rates for lower dollar amounts and shorter terms would not be profitable. [link widoczny dla zalogowanych] - What can an installment loan be used for? 3. He must be employed in an organization.
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