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Same day loans are not traditional bank loans they are for the short-term and are not suitable for long-term finance due to high APR`s. If used as they are a very cheap way for getting fast cash with little problems as the average cost is ÂŁ75 for every ÂŁ300 borrowed for up to 30 days. Payday loans can hit your ability to get a mortgage - even if paid on time Threaten legal action when no such action is allowed
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