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Dec 20, 2011. Meanwhile, the payday-loan default rate has been hovering steadily in the 6% range — reaching its peak before the financial crisis, .
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20 Dec 2011. Meanwhile, the payday-loan default rate has been hovering steadily in the 6%
range — reaching its peak before the financial crisis, .
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It is important to realize that she cannot pay off the loan in installments; she must
pay it in full. If she cannot, she could default on the loan and the payday lender .
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