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Personal Loans For Pensioners With Bad Credit Fees associated with these fast cash loans are exorbitant, translating into annual interest rates of 200 percent or higher - usually much higher! They are also rather easy to get for most people who are employed full time or near full time. Not all people, however, who apply for a payday loan are approved.
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Who Does Six Hundred Dollar Loans In Los Angeles To qualify for a payday loan, you must have been employed with your current employer for a certain period of time, usually at least three months. This requirement is not universal, but many lenders will not approve payday loans for new employees.
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Someone who is self employed will find it more difficult to get a payday loan. Many lenders will not accept self employed income as security for a payday loan. Those lenders who do will require you to provide a certain number of bank statements to verify your income.
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