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Hdb finance personal loan details

Taylor said he needed the loan to help cover a 3,000 down payment to buy the land on which his mother lives. Taylor didnt have the money and worried that his lack of credit would keep personal loans bank islam from being approved for a traditional loan from a bank. Taylor went online and borrowed 1,000 from a lender called Silver Cloud Financial, Inc. It's a tribal lending entity owned and operated by the Habematolel Pomo of Upper Lake, a Native American tribe in rural northern California.

Taylor said he only had to give Silver Cloud minimal information, including the name of his employer, how much he was paid, and his bank account number. He agreed to let Silver Cloud make automatic withdrawals from his bank account hdb finance personal loan details payday every two weeks to cover interest and fees for the loan.

Shortly after applying for the loan, Taylor saw the funds appear in his account. Although the cash advance helped Taylor buy the land, it came with a 705 percent annualized interest rate.

Hdb finance personal loan details

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Hdb finance personal loan details

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Hdb finance personal loan details

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Hdb finance personal loan details