<a href='http://dobra-pozyczka.eu/pozyczki/'>kredyt bez zdolności kredytowej</a> The biggest disadvantage of a payday loan is the interest rate.The annual proportion rate on a payday loan is customarily three to four hundred %.This is extraordinarily high and impacts the consumer’s cost of borrowing.The reason that the APR on payday loans is so high is because it is an unsecured loan.The riskier the loan, the higher the attention rate could be.Many people default on their payday loans, which causes payday loans businesses to boost the rates on everybody.Payday loan agencies wish to spread the loss out and rates will continue to rise as long as people default on the loans.In order to circumvent the high interest rates, be certain that you pay back your loan on time.If you pay on time, you will avoid the high attention rates.
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