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On July 1, 2010, a law exempting payday loan companies from the 36% cap expired. [32] State Attorney General Terry Goddard initiated Operation Sunset, which aggressively pursues lenders who violate the lending cap. The expiration of the law caused many payday loan companies to shut down their Arizona operations, notably Advance America. [33]
To receive instant cash from this service, you’ll pay a $2 one-time fee, or you can wait and receive your cash within 24 hours for free 1. You can borrow up to $500 instantly, which will be ...
Payday loans. Also called a cash advance, a payday loan doesn’t require collateral and may offer you cash on the same day you apply. You’re required to repay the loan — plus high interest ...
For example, the average personal loan rate, as of February 2023, comes out to 12.10 percent, while the average payday loan reaches three-digit interest rates. Plus, you’ll be hit with even more ...
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