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determine the apr of the installment loan

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A payday loan is a small loan, typically between $100-$1000, that is used to help a borrower's unexpected expenses such as bill payments, car repairs, household emergency repairs or other financial emergencies. Payday loans can be a great short-term source of emergency cash, but need to be repaid when the next paycheck arrives. Payday loans are therefore often referred to as Cash Advance Loans . [link widoczny dla zalogowanych] Most lenders will run a routine credit check on an applicant but having bad credit does not necessary disqualify someone from being approved. The entire approval process usually takes about 90 seconds. Once you are approved for a payday loan, your lender will transfer the funds directly into your bank account. On average, this takes about one business day but can vary depending on when your bank.
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