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9 Payday Loans Alternatives To Save You From Sky-High Fees - Vimarsana News

9 Payday Loans Alternatives To Save You From Sky-High Fees

Updated: May 7, 2021, 9:48am Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Getty If you need money fast to cover an emergency or essential living expense, you may be tempted to take out a payday loan. These loans are often easy to get—some lenders won’t even check your credit score. However, because of their sky-high fees—which can be equivalent to annual percentage rates (APRs) as high as 400%—you should avoid this type of loan. You should only u...

Source: forbes.com