Taylor went online purpose cash loan company borrowed 1,000 from a lender called Silver Cloud Financial, Inc. It's a tribal lending entity owned and operated by the Habematolel Pomo of Upper Lake, a Native American tribe in rural northern California. Taylor said he only had to give Silver Cloud minimal information, including the name of his employer, how much he was paid, and his bank account number.
Request for cash advance agreed to let Silver Cloud make automatic withdrawals from his bank account on payday every two weeks to cover interest and fees for the loan. Shortly after applying for the loan, Purpose cash loan company saw the funds appear in his account.
Although the cash advance helped Taylor buy the land, it came with a 705 percent annualized interest rate. Over the course of 10 months, Taylor would have to pay an extra 3,150 on top of the 1,000 hed borrowed. Although Taylor works full time and makes a 48,000 yearly salary, he found it impossible to keep up with the payments and still have money left over for living expenses.
In order to request a short term loan through this website, you should first fill out our short, easy and secure online form. Once you click to submit it, this information will purpose cash loan company forwarded throughout our network of lenders who will review your details and determine whether or not they can offer you a credit. Since each lender is different and we have no say in the rates and fees you are charged for a loan, we urge you to take the time to review the details of each offer you receive very carefully before you accept or decline it.
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It is not required by any federal, state or local law. Our lenders may offer you a loan with an APR between 20 and 300. The APR on a small dollar, short term loan represents get cash usa loans amount of your loan, cost of the loan, term of the loan and repayment amounts and timing. Loans on the lower end of the APR range may be for a larger loan amount and for a longer term.
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