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However, it is important for borrowers to carefully consider the loans terms of their loan and ensure that they can afford the monthly payments before agreeing to take out an installment loan. Only apply for credit when you really need it, and try to avoid applying for too much credit at once. These loans are often marketed as a convenient alternative to traditional loans, but they can be risky and come with high fees and interest rates.

A cash advance on a credit card is a service that allows cardholders to withdraw cash from their credit card account. If you're thinking about getting a loan, make sure to do your research and choose a lender that you can trust.

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