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Just like payday loans, title loans should be a last resort because the average auto title loan has an APR of about 300 percent. How to shop for no-credit-check loans
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Microloans are business loans offered in low loan amounts, such as $50,000. Microlenders often cater to disadvantaged businesses that can’t find traditional financing elsewhere.
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Once a loan is repaid, under the new law, the borrower must wait 10 days before obtaining another payday loan. The law allows the term of a loan to run from 14 to 35 days, with the fees capped at $15.50 for each $100 borrowed [27] 58-15-33 NMSA 1978. There is also a 50-cent administrative fee to cover costs of lenders verifying whether a ...
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