I Just Took Out Payday Loans. Should I Wait 90 Days To File Bankruptcy?
If you're considering bankruptcy and have recently taken out payday loans, you may be wondering if there's a waiting period you need to adhere to. The answer is maybe. Here's what you need to know about payday loans and bankruptcy.
When it comes to filing for bankruptcy, there are a few things you need to take into consideration. One of those things is whether or not you've taken out any payday loans in the past 90 days. If you have, then you may need to wait before filing for bankruptcy.
The reason for this is that payday loans are considered to be high-risk loans. This means that if you file for bankruptcy soon after taking out a payday loan, the lender may try to claim that the loan was obtained fraudulently.
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