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That makes it easier for people who might have trouble getting approved for other types of loans. Overall, there are options available for unbanked individuals who want to access a credit line. Another advantage of a credit card cash advance is that it is typically easier to qualify for than a payday loan.
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These loans often have much higher interest rates and fees than online loans or traditional loans, which can make them difficult to repay. Gather the bad required information: Most payday loan lenders will require you to provide some basic personal and financial information in order to apply for a loan.