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disadvantages of short term loans

The Main Disadvantages of Short Term Loans  

  Short term loans, as far as you’re concerned, are harmless. What can go wrong if you borrow a relatively small sum of money with a short term? Well, a bunch of things, actually. While it is true that short term loans are a lot less dangerous than those with long term, they are not completely devoid of risks. Therefore, before you go to the bank and ask for one, you better become acquainted with the disadvantages it will come with. This way, you will spare yourself of some unpleasant consequences. There are 3 main pitfalls when it comes to […]


Benefits of Small Loans during Financial Troubles

When financial bad times hit they seem to all bottleneck at once. Credit card bills, mortgage, car rego, taxes, emergency medical bills, and school fees. Usually, these bills should be arriving at a different time each month, but for some reason, it feels as though they are all hitting you at once. When these endless bills arrive, you may not have the cash flow to help you get over the line. Some people have the ability to reach out to helpful family members or dust off an emergency credit card. But for the majority of adults, it is not the […]