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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. Alternative lenders: Alternative lenders, such as online lenders and non-bank financial institutions, may be more willing to lend to unbanked individuals than traditional banks.
It may take some time and effort to find the credit right lender and build up your credit, but it can be worth it in the long run. Doorstep loans often have very high fees and interest rates, which can make them hard to pay back.