Tom Muema

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Taking out installment loans is a good way of getting funding for emergencies or even for your projects. However, failing to repay the loan on time has consequences such as late repayment penalties. Lenders will share the repercussions of defaulting on installment loans when signing the credit agree

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Apart from just helping you settle financial emergencies, installment loans are good at helping you build credit scores and credit history. Typically, installment loans are repaid through equal monthly payments for a certain period, such as 6-72 months, depending on the loan amount and the lender's

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Payday loans, also known as paycheck advance loans, are short-term loans accessible to both good and bad credit borrowers who need small amounts to settle emergency expenses that can’t wait till their next paycheck comes in. Although these bad credit-friendly loans are easily accessible, it co

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