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No. All previous loans must be paid off before another may be received. Credit experts recommend spending no more than 25 percent of your available credit on any credit card account. If you have a $1,000 maximum on an account, the balance should not be more than $250 to $300. Better yet, pay off the card and carry no balance whatsoever. paydayloansonlineresource.org/average-interest-rates-for-payday-loans/ ). After 100 days you got to payback this amount: 1000 dollar payday loan
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