Please be aware that missing a payment or making a late payment can negatively impact your credit score. To protect yourself and your credit history, make sure you only accept loan terms that you can afford to repay.
If you cannot make a payment on time, you should contact your lender immediately and discuss how to handle late payments. Instant online payday loans ohio.
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The law limits the interest rate on payday loans. The law also tells lenders to give you information about your rights and the cost of the loan. The military also offers financial help and help managing your money. How does a payday loan or cash advance loan work. You give the lender a check for the amount of money you want to borrow plus a fee. The lender keeps your check and gives you cash less the fee they charge. On your next payday, you have to pay the lender in cash.
What should you do. Nothing. Forget about it. If they should sue you for that debt, you have a perfect defense. I am laid off, will be going back to work soon I hope. In order to get by, I have been taking unsecured installment loans with very high interest rates.