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Can a pay day loan simply take you to court?
So you will never pay back more than twice the amount you borrowed), and you will see a drop in your credit score if you don’t pay your payday loans back on schedule, you will most often be charged for late repayment (the fee can be a maximum of ?15 for this by law), you will incur extra daily interest for the missed days (but remember, payday loans have an interest cap. Cash advance providers do not cope with the court system, but alternatively offer the debt off to loan companies in the event that situation drags for too much time. Continue reading Interested in a high acceptance cash advance? Can a pay day loan just take you to court?