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How to take them, side effects, more. Can a online payday loan sue you. In a secured loan is a loan in which the borrower pledges some asset (e. a car or house) as collateral. A mortgage loan is a very common type of loan used by many individuals to purchase residential property. What is a payday loan.
The purpose of shorter duration loans is to provide the borrower temporary financial relief. Such loans are not a long-term financial solution.
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