Advance Alaska offer quick, convenient and personal solutions for people needing access to their personal finances. As there is no fixed term, it is predicted the business will repay the total advance amount of £6000 in approximately six months. The payback period is flexible and may be shorter or longer, depending on sales. Remember, you only pay back when you sell to customers.A deferred deposit lender may charge a finance charge for each deferred deposit loan that does not exceed $15 for every $100 advanced up to the first 300 of the amount advanced; for the advance amounts in excess of $300, the lender may charge an additional finance charge of $10 for every $100 advanced in excess of $300.
The loans are usually small short-term arrangements designed to give a Marine enough cash to make it to the next pay period. They are high interest, rapidly compounding loans that can devastate a Marine's personal finances. The loans are usually not paid off immediately and the Marine has to spend more and more money to pay it off. The loans average more than 300 percent above the loan amount.
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