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Although these loans are a very good way to manage various life emergencies, they may be only good for you when taken on short-term. In the event you pay the money back as agreed with all the lender, you're likely to be fine. However, when you don't do it, you can anticipate some pretty high fees and penalties, so you'd better be mindful if you turn this decision. Used responsibly, short-term loans can help to save your life. Losing your grip may throw you deeper in debt, so do your greatest to keep to the initial agreement with the lender.  Covington Credit Clanton Al

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