Numerous payday loan providers have actually you compose a postdated check – meaning in this instance, a be sure is dated become cashed after the next payday – when you are getting the mortgage.

by astecadmin

Numerous payday loan providers have actually you compose a postdated check – meaning in this instance, a be sure is dated become cashed after the next payday – when you are getting the mortgage.

They cash the check, you could face expensive overdraft fees and bounced check fees (also known as insufficient funds) from your bank as well as returned or failed payment fees from the lender if you don’t have enough money in your account when.

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