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Something that concerns a lot of people about payday loans online is the interest rate. They see figures like 391% or 630%. Yes, this can look rather scary, but you do have to break it down. For every $100 that you borrow, that percentage translates into around $15 to $20. This varies from lender-to-lender, but those dollar amounts are the average. If you have ever got trapped into some financial emergency, then instant payday loans may help you. Whenever you are in need of any monetary help to come out of the problem you are in, these loans may prove to be very helpful. We strongly encourage you to set up automatic payments that come out of your checking account on the 15th of every month. You can choose to make additional payments to your loan at any time, or set your automatic payment to pay off the loan each month.
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There are already several online sites that are offering payday loans. There are also those that are operating a lending service that aims to help borrowers find a lending company that who can help and provide them with the cash that they need. One of these payday loan matching services is the Money Mutual Loans . The MoneyMutual Lender Matching Service is proud to be currently rated 4.7 /5 based on 3482 customer reviews collected from our Customer Satisfaction Survey. I recently took out a $700 installment loan with Spotloan just to see how everything went, and I was actually surprised. And by the way, this isn't one of those "these are great" lender write-ups, I truly did take out a loan on Tuesday, September 4th 2012. My point of contact is going to replace just calling-up blind to the customer care center, he is in charge of my loan. If I need to get an extension, make a payment that is more than scheduled, or if I have any problems I just call that same specialist. Spotloan gives each of these specialists (let's be honest and call them reps) their own email address and phone extension, so you can work directly with them.