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The situation Say you car transmission failed and the repair wiped out your Money, your are short on your rent and you need CA$100 instant on same day. you decide to take out same day payday loans Canada. Same Day Payday Loans CANADA

How that interest builds Same Day Payday Loans CANADA Most people plan to use a same day payday loans Canada for a week or two but end you unable to pay in back right away- in part because the costs are so steep. Each time you renew, that original $80 interest charge in multiplied. it doesn't take long before those charges exceed the loan amount. Example: Today interest charges on your $400 loan CA$160 CA$240 CA$560

But that's not all Same Day Payday Loans CANADA There are other fees, too Returned checks: most lenders need you to write them a post-dated check to pay them back. if it bounces, they may charge you as well your bank. Overdraft: or they may take cash straight from your bank account. if the funds aren't there. you could face overdraft or insufficient funds fees form the bank and lender. CA$125 borrowed for 28 days. Annual rate of interest: 360% (fixed)

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