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Can I have more than one payday loan at a time?

A lender can't give you a second loan to repay the first, but you could borrow from another lender. Stacking payday loans is the quickest way into a debt cycle. Talk to a free non-profit credit counsellor instead.

A lender can't give you a second loan to repay the first, but you could borrow from another lender. Stacking payday loans is the quickest way into a debt cycle. Talk to a free non-profit credit counsellor instead.

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