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IS A PAYDAY LOAN VARIABLE OR FIXED?

Creation date: Jul 22, 2022 12:38am     Last modified date: Jul 22, 2022 12:38am   Last visit date: Aug 6, 2022 8:09pm
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Jul 22, 2022  ( 1 post )  
7/22/2022
12:38am
Nataliya Thomas (nataliyathms)

Before deciding whether to take out a payday loan, borrowers should ask themselves if the interest rate is fixed or variable. A fixed rate payday loan lasts for a set period of time and has no additional fees associated with it. A variable rate payday loan, on the other hand, can have higher or lower interest rates based on the market conditions at the time of borrowing. In this article, we will discuss the main differences between the two and considerations you should know before applying for a payday loan.  Read more here https://arkansasfinance.net/is-a-payday-loan-variable-or-fixed/