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For larger loans, a blended rate applies: 30% on the first $4000, 24% on the following $4000 and 18% on the next $2000 (up to $10,000). People who use payday advance loans often like them because they will get cash shortly. If you are attempting to decrease your bank card funds, a private loan is a perfect way to consolidate your bank cards and cut back your month-to-month curiosity costs.

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