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But some SERs and other lender representatives stated many consumers would not have these types of documents readily available.
If you choose a speedy cash loan, make sure you may well pay it back promptly avoiding any past due costs or service fees.
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The NCUA has taken some steps to encourage federally chartered credit unions to offer “payday alternative loans,” which generally have a longer term than traditional payday products.
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- In general, requirements include a bank account statement along with paycheck details.
If customers have had a checking account closed due to bouncing checks or overdrawing the account without paying back the money, they may be denied regular bank accounts.
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