n Interest Rates: What is the APR? Is it mounted or variable?
Fees: Are there any software, processing, or early repayment fees?
Repayment Schedule: When are payments due? Are there penalties for late payme
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Cons
**Higher Interest Rates:** Can be costlier than traditional loans.
**Short Repayment Period:** Requires prompt reimbursement.
**Potential for Debt Cycle:** Mismanagement can lead to a cycle of borrow
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Use Cases
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Conclusion
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What Are Same-day Loans?
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How Do Same-day Loans Work?
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