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Most payday loans must be repaid within two weeks. There may be a time when you have a expense that you do not have the money for, and you also might not be able to pay your loans. Many payday lenders will rollover your loan repayment until the next pay period if needed, although you will pay additional interest and possibly a fee.

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There are a lot of payday loan agencies in existence. If you are considering a payday loan, do some research first, and look for a company with a good reputation. Find out how their past customers feel. Spending just a little time looking into the various companies can save you money and help you avoid potential problems.

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