You pay a 75 fee to get the money. But in two weeks you cannot repay the loan. You pay another 75 to roll over the loan. But in two more weeks, you still cannot repay the loan. Every two weeks, you pay another 75 fee.
You might pay the lender more in fees than you first borrowed. But you would still owe the original 500.
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Consumers with credit difficulties should seek credit counseling. Residents of New York, Arizona, Georgia, Vermont, Virginia West Virginia are not eligible to apply for a cash advance on this web site.
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