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Although these loans are a very good way to handle various life emergencies, they can be only healthy when taken on short-term. In the event you pay the cash back as agreed together with the lender, you're gonna be fine. However, when you don't undertake it, you can anticipate some pretty high fees and penalties, so you'd better be cautious when you turn this into decision. Used responsibly, short-term loans could save your lifestyle. Losing your grip may throw you even deeper in debt, so do your best to stick to the initial agreement together with the lender.  HowItWorks

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