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Good and bad credit loans are available.. Property News;. short-term loans that you can use to cover expenses that come up before payday. These loans may be an option for people who have.

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Cost of a payday loan. Many state laws set a maximum amount for payday loan fees ranging from $10 to $30 for every $100 borrowed. A typical two-week payday loan with a $15 per $100 fee equates to an annual percentage rate (APR) of almost 400 percent. By comparison, APRs on credit cards can range from about 12 percent to about 30 percent.

PROGRAMMING NOTE: 25 YEARS OF WGN MORNING NEWS AIRS. In 2017, Illinois borrowers took out more than 200,000 payday loans totaling more than $70 million. Each promise to hand you money – no credit, no problem.. Seventeen sates have banned payday loans-Illinois is not one of them.

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