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Link said they want "the quality" and the "name brand.
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- Interest doesn
- Georgia and North Carolina join a growing group of states banning payday loans.
- One of the market leaders is SoFi.
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It pays for a business's future sales up front and gets paid back with a fixed percentage of daily credit card receipts, or via automatic debits from a checking account on a set schedule.
Because 65% of our cars are sold to previous customers, friends and referrals.
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Everything else is just playing with the margins.
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Furthermore, a lender would be prohibited from making a covered short-term loan to a consumer who has already taken out three covered short-term loans within 30 days of each other.