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If you cannot make a payment on cash converters finance online, you should contact your lender immediately and discuss how to handle late payments. Apply for a 12 month loan. 12-month loans. Lenders often offer 12-month loans even best quick cash loans you have a fairly poor credit rating, these loans work as extended payday loans with fixed repayment amounts.
Often the interest rate is tied to your credit history and you could end up with fairly high-interest charges if your credit history is not as good as it should be. These types of loans are referred to as long term personal loans or instalment loans.
These loans can be unsecured, secured or even be co-signed with a guarantor to increase the value of the loan offered.
It is recommended that you have a steady income when taking out a 12 month or longer loan as you would need to be able to budget in advance to ensure that the loan can be repaid. This type of loan also tends to have higher costs due to the extended loan period and could possibly have much higher interest charges if your creditworthiness is on the low end of best quick cash loans scale.
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