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This may include proof of income, such as pay stubs or tax returns, as well as information about any outstanding debts or assets. This means that there may be fewer protections in place to ensure that consumers are treated fairly.
These loans often have much higher interest rates and fees than online loans or traditional loans, which can make them difficult to repay. It is important for borrowers to carefully consider their options and choose the credit loan product that best meets their needs and financial situation.