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Texas Appleseed discovered 13 totally different payday loan corporations pursuing criminal fees in eight completely different counties, together with Travis, Dallas, Harris and Collin. It only takes a couple of hours to get a web based loan as large as $10,000. A foreclosure affidavit, dated February of that year, states that Rio Tax notified Solorzano by certified mail that she had 20 days to repay the loan in order to keep away from foreclosures. Slightly than providing me the finance charge (the full curiosity and costs I might pay on the principal over the five-month course of the 10 installments, which comes out to about $2,500), she referred to the quantity I owed if I paid off the loan in two weeks.

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