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Regular payday loans have a extended and controversial history in the U.S. More than the years, lawmakers have tightened and loosened restrictions on lenders by enacting regulations that specify allowable loan term lengths and maximum financing costs. In spite of regulatory efforts to limit them, payday loans are nonetheless legal in most states.
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Two other forms of loans are payday loans and payday alternative loans . Payday lenders will lend you a tiny quantity of cash, but you have to give them a postdated check for the amount and any charges. The notion is that you repay the loan the subsequent time you get paid.
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