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If selected to interview, you will have the chance to talk to a Peace Corps placement officer about your skills and interests.
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Payment can be deferred until 6 months after the student graduates or stops attending
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In effect, he is borrowing $155 over and over again.
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As described above, these limitations would have a substantial impact on the loan revenue of storefront payday and vehicle title lenders; the impact on online payday lenders is less clear but could be substantial as well.