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When the PDA industry challenged the statute in 2004, the federal district court upheld the law.
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As an example, if the consumer borrows $300 with a fee of $45 (calculated as $15 per $100 borrowed), the consumer will owe $345 on the due date, typically 14 days later.
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You will have to meet a minimum income requirement and not all types of Centrelink income are accepted.
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Now, a Triangle couple is in financial trouble over it.