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Payday and title loans give borrowers quick access to cash for a short time. With a title loan, lenders place a lien on a car owners car title in exchange for a loan. Payday loans are shorter term loans in which the lender essentially advances you one paycheck.
Both payday and title loans are meant to be short-term solutions to help consumers get through a short-term financial crisis. Borrowers should carefully consider their options before taking out a loan and make sure they understand fees and repayment terms associated with these loans before signing any paperwork.
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The economy of Nevada is tied to tourism (especially entertainment and gambling related), mining, and cattle ranching. Nevada is the 7th most extensive, the 34th most populous, but the 9th least densely populated of the 50 United States. Nevada is the largest gold-producing state in the nation. It is second in the world behind South Africa.