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REPRESENTATIVE EXAMPLE. If you borrowed 2,000 over a 12 month period and the loan had a 3 arrangement fee (60), your monthly repayments would be 189. 12, with a total payback amount of 2,269. 44 which including the 3 fee paid from the loan amount, would have a total cost of 329. Representative 29. 82 APR. If you borrowed 5,000 over a 48 month period and the loan had an 8 arrangement fee (400), your monthly repayments would be 131. 67, with a total payback amount of 6,320.
12 which including the 8 fee paid from the loan amount, would have a total cost of 1,720. Representative 18.
Send them a copy of your discharge of debts. Those companies are known to lie about most anything to get you to pay them. I owe 9,000 mostly due to payday installment loans. I'm on social security and have over extended myself and cannot make all the payments banks apr on personal loans alone living expenses. I need to retain a bankruptcy attorney and file Chapter 7. The only income I have is 1500 social security and 150 small pension check. I know this will ruin my credit and I'll have a hard time finding a place to rent but I have no choice.
I'm single, no dependents but have no assets and I'm 65. Please advise and thank you.
Ask your lender for their current rates and charges and their policies for non-payment. Copyright 2018 CashOne. All Rights Reserved. How to get payday loans online. Do you need a payday loan. Do you need to fix your car or have important medical bills to pay. No need to live with a financial stress. An online payday loan is a great solution for a short term cash problems.