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A mortgage is a good example of an installment loan. This kind of loan is considered as an affordable and safe alternative to payday loans and other types of loans. 24 Hour Payday Loans If approved for a loan, your lender will present you with the exact fees and interest rate of your loan prior to your acceptance of the loan. Shorttermloans.com is not a lender outside the state of and cannot predict the exact fees and interest of the loan option presented to you. You are under no obligation to accept the terms presented to you by the lender.
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