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The NCUA estimated that, based on the median PAL interest rate and loan size for 2013, the APR calculated by including all fees (total cost of credit) for a 30-day PAL was approximately 63 percent, direct lender payday loans no teletrack in Georgia.
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The APR (annual percentage rate) calculated for this loan is evenly distributed - no matter how much money you decide to borrow, the APR will be 469,29%.
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