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As you have seen, these are typically not very big amounts. However, the intention of payday loans is to assist you to overcome a short-term financial difficulty in your daily life as an alternative to get you out of trouble on long-term. When you don't believe this, just check out the annual rates of interest and you will realize why it's a good idea to pay back the loan within 2 weeks or so. Provided you can prepay the loan, it's better yet. Anyway, you should know that you can't extend or renew the loan, so paying it back as scheduled is essential. However, paying it early is accepted and yes it doesn't have any penalty fees attached. Just in case you foresee a hardship that's going to stop you from paying the funds on schedule, you must contact the loan originator immediately. It is possible to get a rescheduling of your installments, to help you overcome the problems in your lifetime that keep you from repaying your loan. you will be able to call use wwwLoanPickUp.com phone number.
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