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*Calculation: (lender fee / loan amount) x (amount of days in a year / duration of the loan) x 100 Low End Calculation: ($40 / $800) * (365 days / 14 days) x 100 = 130.36 percent High End Calculation: ($80 / $800) * (365 days / 14 days) x 100 = 260.71 percent payday loan in portland oregon As you can see, you do not need to have good credit, nor will the company run a standard credit check in order to qualify you for the loan. The firm may, however, check other data bases to ensure you are not currently filing for bankruptcy or that you do not have other payday loans outstanding and due. If I wanted to borrow $750 for a week, I would have had to pay $225 in interest. The site said that was an annual percentage rate of more than 1,300 percent.
3. Get a part-time/second job best low rate payday loans Receiving the money from your loan is easy- it is deposited right into your bank account.
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