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Transparency Guaranteed Here's the difference between the two kinds of loans: How much is offered and what is repayment term: Repay Over Time,
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Favorite Added Avoid overdrafts and the accompanying fees As you can see, there are some pretty stringent rules an employee may be required to adhere to in order to receive a funds upfront from your workplace. Additionally, the individual has to consider the unwritten consequences that come from asking an employer for a loan. For example, asking for money could raise questions about the worker's ability to plan for expenses. This might reflect poorly upon the person's work ethic and reliability. While your company may offer upfront cash, we recommend considering a viable alternative you can take advantage of without putting your reputation and future with the company at stake.