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Installment loans can also help borrowers to build or improve their credit score. Payday loans are short-term loans that are typically due on your next payday. Here are a few:.

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That's way faster than waiting for a regular loan from a bank or credit union. While the credit process of obtaining a loan from a bank may require the submission of a significant amount of documentation and potentially have more stringent eligibility requirements, the personalized customer service and support that banks offer can make the process worth it.