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Use credit wisely: If you do have credit, use it responsibly. And sometimes, doorstep lenders use pressure tactics to try and get you to take out a loan, even if it's not a good idea for you. That's way faster than waiting for a regular loan from a bank or credit union.
After you apply, you'll usually find out if you're approved within a few minutes. If you're thinking about getting a loan, make sure to do your research and choose a lender that you can trust. The interest rate on a bank loan is typically based on the credit borrower's credit score and financial history.
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