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This can make cash advances on credit cards a very expensive way to borrow money. This means that if the bad credit loans index washington wa bad credit bad credit loans index wa borrower defaults on the bad credit loans index washington wa bad credit bad credit loans index wa loan, the lender can seize the collateral to recoup their losses.

The interest rate on a bank loan is typically based on the credit borrower's credit score and financial history. Another advantage of a credit card cash advance is that it is typically easier to qualify for than a payday loan.

Moreover, doorstep lenders may use aggressive sales tactics to persuade consumers to take out a loan, even if it is not in their best interest. As a result, they may be able to offer lower interest rates on personal loans than banks or other for-profit lenders. And once you are approved, the index money can be transferred into your bank account in just a few hours or days.