How to Take Out a Payday Advance

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How to Take Out a Payday Advance – This is a place for the community to provide tips and advice on How to Take Out a Payday Advance. This topic was created by Karen Martinez and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

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Tip 1
Stuck in a Payday Loan Trap? Here Are Ways Out More
Published: 9 years, 3 month(s) ago by Jeremy Farr | permalink
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Payday loans can lead to a never-ending hole of debt. Break the cycle and learn how to escape the payday loan trap.

For further reading: http://www.magnifymoney.com/blog/pay-down-my-debt/way-out-of-a-payday-loan-trap/ ^[1]

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Tip 2
I need money now. Should I get a payday loan? What other options should I consider? More
Published: 9 years, 3 month(s) ago by Clubic Mushu | permalink
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Before choosing a payday loan, take a minute to think about the costs and all your other options.First, if you take out a payday loan, you will likely be charged a fee of between $10 and $30 for every $100 borrowed. A $15 per $100 fee is typical. So, if you have an emergency and need $300 today, you would have to pay back $345 in a couple of weeks, assuming a fee of $15 per $100 borrowed. If your budget is already tight, that may be hard to do. The payday lender may encourage you

For further reading: http://www.consumerfinance.gov/askcfpb/1583/i-need-money-now-should-i-get-payday-loan-what-other-options-should-i-consider.html ^[2]

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Tip 3
Frequently Asked Questions More
Published: 9 years, 3 month(s) ago by Charles Stock | permalink
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Get your questions answered about cash advances, payday loans, title loans, installment loans, online loans and more.
Tags: cash advances, payday loans, title loans, installment loans, online loans, tax services, tax estimate, how does a cash advance work

For further reading: https://www.advanceamerica.net/questions/payday-loans-cash-advances ^[3]

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Tip 4
How to Stop Payday Loans More
Published: 9 years, 3 month(s) ago by fredishuggable | permalink
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The financial emergency that caused you to have to take out a payday loan is over. Now you find that you keep having to renew your loan just to keep your accounts balanced. It is important that you end this renewal cycle so that you can be...
Tags: WikiHow, Stop Payday Loans, wiki, how to articles, how to instructions, DIY, tips, howto, learn, how do I

For further reading: http://www.wikihow.com/Stop-Payday-Loans ^[4]

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Tip 5
For Consumers More
Published: 9 years, 3 month(s) ago by Amanda Gigler | permalink
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PayDay Loan Consumer Information
Tags: PayDay Loan Consumer Information
For further reading: http://www.paydayloaninfo.org/consumer-help ^[5]

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Category: Fun | 9 years, 3 month(s) ago

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Contributors

Clubic Mushu, Charles Stock, fredishuggable, Amanda Gigler, Jeremy Farr

References & Citations

1. http://www.magnifymoney.com/blog/pay-down-my-debt/way-out-of-a-payday-loan-trap/

2. http://www.consumerfinance.gov/askcfpb/1583/i-need-money-now-should-i-get-payday-loan-what-other-options-should-i-consider.html

3. https://www.advanceamerica.net/questions/payday-loans-cash-advances

4. http://www.wikihow.com/Stop-Payday-Loans

5. http://www.paydayloaninfo.org/consumer-help