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Short Term Loans - Expanding Financial Scope During Crisis

The term for short term loans is generally 14-18 days. Short term loans, if used well, can be positive in rendering long term services. Things initially; a short term loan is better than a long term loan when you are talking about costs. Even if the rates are greater on a short term loan, you are still not going to pay as much as you would on one of those long term loans. For things like that, you have to use the short term loans, because the long term ones take too long to process.

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