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I receive benefits, can I still apply for an urgent loan?
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Most lenders offering emergency short term loan will require that you are Horny in eau Kaneohe employment. As part of your application lenders will assess your income and expenditure, so, if you can display you meet the required repayment criteria, your application may still be considered. Lenders may consider applications as long as the benefits are confirmed for the period of the loan, for example, Disability Living Allowance.
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Why do emergency loans have high APRs? Short term loans can appear expensive because of the high APR lenders quote on their adverts.
They are usually a reflection of the short period the lender has to turn a profit. Instead, they will charge a fixed fee. Whatever they charge, all reputable and regulated lenders will be upfront about the APR or charges associated with your emergency loan.
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