Before diving into cash advance statistics, it is beneficial to define that is first payday advances are and exactly how they vary from other types of short-term lending.

Before diving into cash advance statistics, it is beneficial to define that is first payday advances are and exactly how they vary from other types of short-term lending. Pay day loans are a kind of short-term financing that often get a negative track record of high rates of interest, extortionate costs, and brief payment turnaround. […]

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