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Licensed by the Virginia State Corporation Commission under Financial Exchange Company of VA, Inc. d/b/a Money Mart. License PL-15. A single payday advance is typically for two to four weeks. However, borrowers often use these loans over a period of months, which can be expensive. Payday …
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On a $500 payday loan for 14 days, the cost of borrowing is $75 with a total payback amount of $575 and an APR of 391.07%. The maximum allowable cost of borrowing under payday loan agreements in Ontario is $15 per each $100 advanced. All loan …Some folks are looking to bridge a short-term cash need between pay cheques. Others want to avoid bounced cheque fees or late payment penalties. Some clients prefer the payday loan route over having to pawn personal possessions. Annual Percentage Rate Information The Annual Percentage Rate, also known as APR, on our loans …
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