How to Avoid Repeated Rollovers of Payday Advance?

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asked Sep 22, 2021 in Cell Tracking by tomanderson (480 points)

The most number of customers, who choose payday advance, don’t know much about the process of rollovers that can be requested, if a borrower can’t repay the loan on time or they can be provided by the lender automatically. There is one effective recipe how in order to avoid this cycle of the loan: you need to gradually reduce the requested amount of the loan. Let’s consider the following example for you to understand what is meant here: if your original loan was $600 and you repaid it on your payday but still need additional sum, take out $500, the next time you should take $400 and so on, reducing the loan amount at intervals. This way will help you to become free from your debts within the relatively short period of time.

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