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Payday Loans facts

While investigating facts about Payday Loans Online and Payday Loans Near Me, I found out little known, but curios details like:

There are more payday loan stores in the US than McDonald's and Taco Bells combined.

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Scott Tucker, who is estimated to have earned $380 million from his payday loan organization, which exploited Native American sovereign immunity laws to offer predatory payday loans in states in which they are illegal.

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In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what payday loans are legit. Here are 5 of the best facts about Payday Loans Uk and Payday Loans Bad Credit I managed to collect.

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  1. A payday loan millionaire was taken down by a pissed off victim

  2. The rates charged on payday loans can be up to 35 times those charged on credit card loans and 80 times the rates charged on home mortgages and auto loans.The estimated annual percentage rate on payday loans range from a low of 196% to a high of 574%

  3. Three-quarters of payday loans go to those who take out 11 or more of the loans annually with annual percentage rates averaging 391%

payday loans facts
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This is our collection of basic interesting facts about Payday Loans. The fact lists are intended for research in school, for college students or just to feed your brain with new realities. Possible use cases are in quizzes, differences, riddles, homework facts legend, cover facts, and many more. Whatever your case, learn the truth of the matter why is Payday Loans so important!

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