Keyword Analysis & Research: best payday loan company

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Frequently Asked Questions

Do payday loan companies report on your credit?

Yes, payday loans are recorded on your credit report. Your credit report is a detailed record of your credit history and borrowing habits. It will, therefore, include details of any payday loans you've taken out.

Are payday loans worth it?

Are PayDay loans worth it? No. Definitely not. As Alice Gomstyn of ABC reported, some loans carry interest rates as high as 391 percent, while others have claimed to see rates as high as 600 percent. This isn’t just a bad loan, this is a loan that should be illegal.

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