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Emergency Advance
When your employees have a need for emergency funds, many are unfortunately turning to payday loans. These loans include high interest rates and rollover charges. Many individuals end up paying well over 800% in annual charges. They usually pay more than $33 per $100 borrowed. Others believe that Non Sufficient Funds (NSF) or bounced check fees might be the right solution. This is also a misconception, NSF fees usually cost anywhere between $24 and $35 per charge.
We understand the financial burden NSF fees and payday loans carry, that is why we have developed our emergency advance service for employees.
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