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Receiving the money from your loan is easy- it is deposited right into your bank account. The term "bad credit" means different things to different lenders. One lender might turn you away while others are willing to lend. Don't be afraid to shop around before deciding that your credit is a dealbreaker. That said, there are two things to be careful of in this process: Traditional options when you need money fast can be pretty unappealing; borrowing from friends can be awkward, going without essentials can be tough, and missing out is just no fun.
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Before agreeing to any payday advance loan, be sure to carefully read all the terms and conditions, and understand the finance charges, and timeframes involved. As you can see, just one negatively reported item can cause your credit score to plummet, and late payments are notorious for causing detrimental FICO credit scores. But since only 11% of the population in the U.S. has a credit score of more than 800, there are many folks with bad credit, so there are loan programs that have been designed for bad credit borrowers to make a last-ditch effort to save their credit scores from total destruction. Magnum Cash Advance: Not That Much Smarter than a Payday Loan According to more than one Plain Green Loans review, this company offers top notch customer service. Their online interface is incredibly easy to use, but if a borrower has a question, they can contact a live person at the toll-free number that is easy to find on the website. The people who staff this number are all very knowledgeable and friendly.
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