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Each amount has both negative and positive characteristics. The one through eight numbers has the following meanings: (more…) Online Same day loans Customer Notice: A single payday advance is typically for two to four weeks. However, borrowers often use these loans over a period of months, which can be expensive. Payday advances are not recommended as long-term financial solutions. We are ready to accept your application 24 hours a day, 7 days a week. Any time you find yourself in tough financial circumstances, we are here to help you get quick access to online installment loans. Apply right now!
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The type of debt is also considered when computing the credit history of an individual. Some types of debt are better than others when it comes to the payment history. This accounts for 30% for the score of an individual. There are three types of debt and these are revolving debt, instalment debt and open debt. Revolving debt is mostly made up of credit card debt, while instalment debts are those that have fixed payments over a certain period. An auto loan is a good example of an instalment debt. An open debt is not that usual. This type of debt has to be paid in full after each period. In most cases the lenders in our network require you to have a job, possess a bank account, be a U.S. citizen or resident at least 18 years of age, and earn a certain amount of money each month. Our lenders understand that everyone makes mistakes and encounters rough times - you may still be approved for a payday loan even if you have bad credit or a past bankruptcy. ** We want to inform you that credit check as well as faxing may be required by the lenders in certain cases. Credit checks may be run via specialized credit bureaus. Bad credit may be the reason for the lender to deny your loan request.
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