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Although these loans are a very good way to deal with various life emergencies, these are only good for you when taken on short-term. When you pay the money-back as agreed using the lender, you're will be fine. However, if you don't practice it, you could expect some pretty high fees and penalties, so you'd better take care whenever you get this decision. Used responsibly, short-term loans can save your way of life. Losing your grip may throw you even deeper in debt, so do your very best to keep to the initial agreement using the lender. Questions