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According to a Plain Green Loans review, a $250 loan carries an interest rate with an annual percentage rate (APR) of 378.95%. In order to payback a $250 loan, a borrower would need to make eight bi-weekly payments of $54.94 each. The more money a consumer borrows, the lower APR they will face. For instance, it they borrow $1,000, they will have a 299.17% APR, and they will have to make 24 bi-weekly payments of $124.16 each. personal loans in salt lake city Lissie White If those payday loans are driving you crazy, do consider whether someone close to you might be able to loan you the money to repay the payday lender. Then you repay your nice family member or friend. And do pay them on time – according to whatever payment schedule you agree upon!

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