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By Jeremy Vohwinkle, About.com Guide to Financial Planning

Quick and Easy Cash?

The ads for payday loans are deceiving. They may be easy to get, but they're not that easy to pay off. You thought 19% interest on your credit card was bad? Try up to 900% annual percentage rates on payday loans! Here's how they work, why they're a bad deal, and alternatives to high-rate, short-term loans like these.
Saturday October 2, 2004 | comments (0)

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