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Can you get two separate payday loans on same payday?

In: Personal Finance, Loans, Personal and Payday Loans, Money Management [Edit categories]

Answer:

No. You usually have to wait about 30 days before you can get another loan. Most lenders will know that you already have a loan out there somewhere. Besides, I believe it is against the law to lie to a payday loan company in telling them that you haven't applied for a loan in the past thirty days. They usually ask you when you apply.

First answer by Rs6471. Last edit by Rs6471. Contributor trust: 2 [recommend contributor ]. Question popularity: 1 [recommend question].

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