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One common myth about cash loans is that they always have unreasonable interest rates. First of all, cash loan lenders are legally obligated to have practical percentages that are determined by the length of the loan. The people who pay extreme interest rates are the ones who have had a small loan roll through extensions, one after another. If you repay the loan within the amount of time you agreed to on the repayment guidelines, the interest rate will not increase. [link widoczny dla zalogowanych] If on the other hand you want to spread out your repayments, you can borrow a Đ1,000 loan over 2 years or even longer. For a Đ1,000 loan monthly payment terms can stretch up to a maximum of 7 years, as a general rule of thumb but the amount of interest you'd pay in this time would be significant. If you need to rebuild a bad credit history there are other, better ways to do that, with specific Credit Cards for Bad Credit.

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