Therefore, knowledge and information based education is characterized as global education. By this way, globalization always promotes the concept of modernization. It never ignores the reality of global educational development. In case of Bangladesh, globalization has obviously positive effects on educational policy especially in the field of primary education. But its educational systems is not united which is the major obstacle to ensure modern educational development. Payday Loans Online

Moreover, large number of people is illiterate and many of children are still not going to school regularly. Nevertheless, it is trying to be modern with formulating new education policy 2010 which is mostly characterized with the features of global education because the country strongly believe that only global education policy can change the socio-economic scenario of any nation. After long theoretical analyses, it should be better to go back again to modernization theory to clarify the current status of primary education of the state. As modernization concept understands that country becomes modern if its people and educational policy is modern. For this purpose, Bangladesh government is giving more and more emphasis on modern and updated knowledge of science and technology based basic education from primary level.

Representative APR 391%. Average APR for this type of loans is 391%. Let's say you want to borrow $100 for two week. Lender can charge you $15 for borrowing $100 for two weeks. You will need to return $115 to the lender at the end of 2 weeks. The cost of the $100 loan is a $15 finance charge and an annual percentage rate of 391 percent. If you decide to roll over the loan for another two weeks, lender can charge you another $15. If you roll-over the loan three times, the finance charge would climb to $60 to borrow the $100.

Implications of Non-payment: Some lenders in our network may automatically roll over your existing loan for another two weeks if you don't pay back the loan on time. Fees for renewing the loan range from lender to lender. Most of the time these fees equal the fees you paid to get the initial payday loan. We ask lenders in our network to follow legal and ethical collection practices set by industry associations and government agencies. Non-payment of a payday loan might negatively effect your credit history.

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