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However, it is important for borrowers to be mindful of their spending when using a revolving credit line. To avoid these pitfalls, it is important for borrowers to carefully manage their credit line and only borrow what they can afford to pay back.

Payday loans are short-term loans that are typically due on your next payday. 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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