Sentences with phrase «usually after your payday»
On each due date, usually after your payday, your loan payment will automatically be deducted from your checking account.
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This includes the full principal and a single finance charge and is taken automatically from your designated bank account on the agreed upon date - usually on or just after your next payday.
The payday lender will hold the check for an agreed upon period of time, usually around two weeks or at your next pay date, after which time payment in full becomes due.
In addition, payday loan customers usually have checking accounts - that's where their paychecks go, after all.