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More flexible repayment terms: Credit unions may be more willing to work with you to find a repayment schedule that fits your needs and budget. If you're thinking about getting a loan, make sure to do your research and choose a lender that you can trust. This means that there may be fewer protections in place to ensure that consumers are treated fairly.
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And if you live in a rural area, it can be hard to find a traditional lending place nearby. On the mountain other hand, doorstep lenders are loan providers who visit consumers at their homes to offer loans and other financial products.