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Yes. What they do is charge you interest fees the week AFTER you get your loan.

So lets say your spent your entire 1000 bucks the first week because it was an emergency, the following week your bank statement will be -195.00 because they just charged you interest.

So not only do you have the -195.00 because of the interest but there will be MORE money tacked on because of overdraft fees.

This company knows the money habits of people which is why they created this scam. I mean they do lend the money no doubt but they dont allow ample time for repayment. Its just a cycle of recurring fees that never ends. SO you end up with more debt than you started with.

My suggestion is fine a credit union bank and get a loan the proper way. If just ask a friend for money. If you only need a small amount.

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15y ago

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