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As the name implies, short term loans are normally smaller amounts that people can borrow and repay in shorter time frames (hence also the term payday loan). Short term loan providers in South Africa have less stringent approval requirements, so a lot of people prefer them to their normal bank, where loan approvals are scrutinized in detail, and approvals take for ages! Know Your Rights If You're Asked to Return the Car Organise crisis day care for the kids Our loans do not require collateral. You will not be asked for a business plan or any other burdensome paperwork.
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