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Small dollar loans are short-term, low-cost installment loans of under $2,500 geared toward borrowers with little to no credit. They’re highly regulated on federal and state levels so the ...
According to a Pew study of small loan lending, most major banks offer maximum loan amount options of $500, $750 and $1,000, with minimum loan sizes of $10 to $250. Credit unions and community ...
Cash Advance Apps: No Direct Deposit Required In the past, if you needed money before payday, you might have resorted to a payday loan with sky-high interest rates or o ther alternatives to cash ...
A paperless loan is a loan that is arranged solely online or over the phone without the borrower having to complete paper forms or signing them physically. Documents may still be required to approve the loan but these are submitted online using scanned or electronic copies.
In Texas, some payday loan companies file criminal complaints against late borrowers. Texas courts and prosecutors become de facto collections agencies that warn borrowers that they could face arrest, criminal charges, jail time, and fines. On top of the debts owed, district attorneys charge additional fees.
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