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Research payday loan lenders: Look for a lender that is licensed to operate in your state and has a good reputation. Banks are typically large financial institutions that offer a range of loan products, including personal loans, mortgages, car loans, and business loans. And sometimes, doorstep lenders use pressure tactics to try and get you to take out a loan, even if it's not a good idea for you.
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These platforms may be more willing to lend to unbanked individuals who may not qualify for a traditional loan. 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.