Pay day loans normal $375 and come due if the debtor gets their paycheck that is next two to six months.
Pay day loans normal $375 and come due if the debtor gets their paycheck that is next two to six months. These are generally typically paid through a balloon re payment which include the loan that is principal, interest, and costs. These loans charge on average $15 per $100 lent, which means a 400 per …