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These platforms may be more willing to lend to unbanked individuals who may not qualify for a traditional loan. Research payday loan lenders: Look for a lender that is licensed to operate in your state and has a good reputation. These loans often have much higher interest rates and fees than online loans or traditional loans, which can make them difficult to repay.
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Credit-builder loans: Credit-builder loans are small loans that are designed specifically to help people build or improve their credit. After you apply, you'll usually find out if you're approved within a few minutes.