Difference between revisions of "How Payday Loans Work"
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Revision as of 04:01, 8 July 2022
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Our lenders explain all of the phrases and observe one of the best practices of the industry standards group – OLA. APR is the interest rate calculated each year for the loan. We don't have the required info pertaining to the principles, laws, and phrases used to calculate APR by particular person lenders. APR calculations vary from one lender to a different, one state to a different. They also depend on various components that determine the APR of a loan.
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