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Money Mutual Installment Loans To ask a question of Dr. Don, go to the "Ask the Experts " page and select one of these topics: "Financing a home," "Saving & Investing" or "Money." Read more Dr. Don columns for additional personal finance advice. Limits of collection â You should know the collection fees amount and whether or not criminal action is prohibited
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Microloan Program Venue Information Example APR: A typical payday loan of $100 might have a fixed APR of 651.79%. This means that if it was taken out for 14 days you would have a fee of $25 to pay; meaning the total amount to repay at the end of the loan would be $125. This example is for illustration only and your APR may vary depending on your data, the lender you go with and what state you reside in.
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