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Is a payday loan variable or fixed: Answers from the expert? | #payday loan

Is a payday loan variable or fixed: Answers from the expert?

Is a payday loan variable or fixed: Answers from the expert?

A payday loan is a short-term, unsecured loan that is payable on the borrower’s next payday. The interest rate on these loans can be quite high, so it’s important to know whether the interest rate is fixed or variable. In this blog post, we will know all about payday loans and if they