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(3) The longer you extend or rollover the loan, the more you end up paying. And in the state of Texas, there are hardly any regulations to control these dangerous loans. In Texas youll see average APRs for payday loans with rates at around 457- 522 for loans lasting 19-152 days. (4) If youre a resident of Waco, Texas and youre in a difficult financial situation, remember that payday loans will cost you about double what they would in other states.
3 Dont take out a loan that will leave you deeper in debt. Contact the Texas Fair Lending Alliance with any questions or concerns about payday loans in Waco.
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Pay day loans are easier to obtain then other loan types and are often a quick fix for those who are in need of immediate funds. In addition, pay day loans are available to those with poor credit histories and, once you develop a history with a lender, are simple to obtain.
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