Washington LawHelp it’s a short-term, high-cost loan. It must be paid by you straight straight right back on or before the next payday.

Washington LawHelp it’s a short-term, high-cost loan. It must be paid by you straight straight right back on or before the next payday.

What exactly is a quick payday loan?

A cash advance is a short-term, high-cost loan that really must be repaid on or before your following payday, whether your revenue is from work or government advantages. Pay day loans are created by storefront lenders, always check cashers, pawn stores, credit unions, and providers that are internet-based. Publication #0600EN

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