English, asked by sukhjeet276, 4 months ago

how is payday loan company structured?

Answers

Answered by itzsecretagent

3

Answer:

ʟᴇɴᴅᴇʀs ʜᴏʟᴅ ᴛʜᴇ ᴄʜᴇᴄᴋs ᴜɴᴛɪʟ ᴛʜᴇ ʙᴏʀʀᴏᴡᴇʀ's ɴᴇxᴛ ᴘᴀʏᴅᴀʏ ᴡʜᴇɴ ʟᴏᴀɴs ᴀɴᴅ ᴛʜᴇ ғɪɴᴀɴᴄᴇ ᴄʜᴀʀɢᴇ ᴍᴜsᴛ ʙᴇ ᴘᴀɪᴅ ɪɴ ᴏɴᴇ ʟᴜᴍᴘ sᴜᴍ. ... ᴛʜᴇ ғɪɴᴀɴᴄᴇ ᴄʜᴀʀɢᴇ ʀᴀɴɢᴇs ғʀᴏᴍ $15 ᴛᴏ $30 ᴛᴏ ʙᴏʀʀᴏᴡ $100. ғᴏʀ ᴛᴡᴏ-ᴡᴇᴇᴋ ʟᴏᴀɴs, ᴛʜᴇsᴇ ғɪɴᴀɴᴄᴇ ᴄʜᴀʀɢᴇs ʀᴇsᴜʟᴛ ɪɴ ɪɴᴛᴇʀᴇsᴛ ʀᴀᴛᴇs ғʀᴏᴍ 390 ᴛᴏ 780% ᴀᴘʀ. sʜᴏʀᴛᴇʀ ᴛᴇʀᴍ ʟᴏᴀɴs ʜᴀᴠᴇ ᴇᴠᴇɴ ʜɪɢʜᴇʀ ᴀᴘʀs.

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