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If the oh borrower consistently maxes out their credit limit and carries a high balance from month to month, they may end up paying more in interest and fees over time. It is important for borrowers to carefully consider their options and choose a loan product that meets their specific needs and financial situation.
History at all, a secured credit card may be easier to get approved for than a traditional credit card. However, there are also some potential drawbacks to getting a loan from a bank.