I know what loans are but what makes them so much worse?
Edit: thank you everyone for Answering! I think I got it now 🙂
In: 32
Some of them gave you a loan until the day before payday. Get paid every other Friday loan was due on Thursday. You would be charged late fees for the one day.
I have seen places that charge you $15 per $100 for a one week loan.
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