Some payday lenders require you to repay your loan at the same location where you got your loan. Make sure you understand the agreement. The payday lender will ask you to sign an agreement that shows your loan costs, including interest, fees and the due date.

Read this document carefully before signing it. Ask bank giving personal loan payday lender about anything you dont understand. How much payday loans cost. Payday loans are very expensive compared to other ways of borrowing money.

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Bank giving personal loan