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Payday loans are very much tempting when one needs hard cash. These Pay Off Payday Loans are available even when one has a low credit score. The only sad factor is payday loans are very expensive with high-interest rates of around 400% as per the Consumer Financial Protection Bureau.
One should table all the outgoing expenses, plan one’s income every month and avoid discretionary spending. Also one should be careful as the spending does not exceed one’s income! If it happens, then one will keep borrowing and will not be able to come out of payday loan debt at all!!The best idea would be to settle the existing loan, then go for new loans