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Payday loans typically have the highest interest rates and should be used if you just need money right now and cant get it anywhere else, and you are able to pay it back 2 weeks or less.
The suit claims that after Western Sky supposedly originated the loans, it immediately assigned them to CashCall or similar companies, which then collected all payments on the loans and charge interest.
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The money sent is guaranteed.
The State's financing is take-out financing.
Note 3 installments andrew founded Student Loan Hero based on personal experience; navigating all the debt collectors and loan services to deal with his own student debt was a convoluted, confusing process, which eventually led him to create his own guide that became Student Loan Hero.
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