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The lender will hold onto the ace loan funds until the loan is paid off, at which point the funds are released to the borrower. And once you are approved, the loans money can be transferred into your bank account in just a few hours or days.
It's generally a good idea to keep your credit utilization below 30%. These loans often have faster turnaround times and more flexible eligibility requirements than traditional loans, making them a good option for those who have less-than-perfect credit or live in a rural area.
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