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    When A Payday Loan Actually Makes Sense

    Short-term loans, commonly referred to as payday loans, provide consumers a convenient way to borrow cash quickly. Their high interest rates tend to make people dismiss them completely, but their flexibility does make them useful. Here are some situations when a payday loan's convenience can get you out of a jam: When You're Facing Expensive Bank Fees Surprisingly, there are times when taking out a payday loan will save you money!