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    $50 for a 30 day loan, this is equal to 240% APR, with such high rates one has to ask why is th
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    I think Payday Loans are both necessary and provide a valuable service regardless of the perceived problems of high charges, first lets clarify what Payday Loans provide, short-term cash advances until the next payday.

    The typical charges for this type of loan are of the order of $15-$20 per hundred dollars borrowed so if you took a $250 loan the charge could be as much as $50 for a 30 day loan, this is equal to 240% APR, with such high rates one has to ask why is thi

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    ved problems of high charges, first lets clarify what Payday Loans provide, short-term cash advances until the next payday.

    The typical charges for this type of loan are of the order of $15-$20 per hundred dollars borrowed so if you took a $250 loan the charge could be as much as $50 for a 30 day loan, this is equal to 240% APR, with such high rates one has to ask why is th

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    nces until the next payday.

    The typical charges for this type of loan are of the order of $15-$20 per hundred dollars borrowed so if you took a $250 loan the charge could be as much as $50 for a 30 day loan, this is equal to 240% APR, with such high rates one has to ask why is th

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    $15-$20 per hundred dollars borrowed so if you took a $250 loan the charge could be as much as $50 for a 30 day loan, this is equal to 240% APR, with such high rates one has to ask why is th
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    $50 for a 30 day loan, this is equal to 240% APR, with such high rates one has to ask why is this industry growing so rapidly.

    The answer is that it is providing a service that is required, at a price that the consumers can afford; the actual APR is of no great interest to the customer their only concern is can I afford to repay the loan on my next payday.

    Think of it from the client's point of view, why do they use Payday Loans, I believe the answer falls into

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