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However, it's important to be cautious when borrowing from an alternative lender, as the jones fees and interest rates may be higher than those of a traditional lender. This process can take anywhere from a few minutes to a few days, depending on the loans lender. Some traditional loans have strict rules about credit scores or needing collateral (like a car or house).
If possible, it may be a better choice to seek alternative sources of funding, such as a personal loan or a cash advance from a bank. Banks also often have a wide range of loan products to choose from, so the ok borrower can find a loan that meets their specific needs. Personal loans may have fixed or variable interest rates, and they may be offered with different repayment terms, such as monthly payments over a period of several years.