Payday loan payoff balances don't reconcile with amounts already paid
Borrowers on short-term, high-frequency payday loan repayment plans lose track of how much they've paid versus what they still owe, and lenders' balance communications don't clearly reconcile against the payment history. This leaves borrowers confused about whether they're near payoff or still deep in debt.
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Problem descriptions, scores, analysis, and solution blueprints may be updated as new community data becomes available.