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Super high interest percentage for late payment. An extra interest is written off for the transfer of money when the loan is paid off.
I took out payday loan}cash advance, as money was urgently needed. The offer was that if within 14 days you pay off the payday loan the interest on the loan is eqal to 0%, then 1%. By the way, the agreement does not contain this information. After 2 days, it became possible to pay a loan back, so as not to delay. Faced with the ability to transfer money quickly but should pay a comission 7%.
I issued a loan of $400. As a result, I decided to pay back the cost of $250 for the prolongation, I decided not to take it. When paying off, some 2 commissions of 7% each were calculated, in the end I paid $600.