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Also, a person gets to repay the loan in installments as against payday loans which have to be paid in one go
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Someone with bad credit due to mistakes made a few years ago who can provide supporting documentation that he or she is being more responsible today might be able to convince a loan officer to reduce the interest at a credit union or local bank, while a national chain will usually not accommodate unique situations
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You can also find secured loans, for instance if you have collateral you can offer up to guarantee the loans, like property
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By collecting and comparing the different lenders you will get a best loan deal at reasonable rates
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