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Safe and speedy service highest interest rate installment loans are usually made by You should understand the answers to all these questions, and more, before you agree to any loan. According to one online finance company offering a no credit check installment loan option, the interest rate associated with this kind of loan amounts to 782.14% APR. That is several hundred times the rate collected by conventional loans. To put this into perspective, consider the following chart showing sample loan amounts and the final total you would pay on a 20-month installment plan:

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