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Fees In addition to high interest rates, several fees are associated with online payday loans: Origination or Processing Fee: This lone star title loans san marcos tx fee will be charged when you first take out the learn more here. Late Fee: If you fail to pay back the loan on time, lenders might charge a late fee.
This can add significantly to the amount you owe. Rollover Fee: If you can't pay back the loan when it's due, some lenders allow you to roll over the loan into a new one. This means you'll be charged another fee to extend the repayment period.