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A credit card cash advance is a service that allows credit cardholders to withdraw cash from their credit card account, while a payday loan is a short-term, high-interest loan that is typically used to cover unexpected expenses or emergencies. Alternative lenders: Alternative lenders, such as online lenders and non-bank financial institutions, may be more willing to lend to unbanked individuals than traditional banks.
Credit lines for unbanked people. Borrowers should make sure they understand the bad interest rate, fees, and repayment schedule, and ensure that they can afford the monthly payments.
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