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Short-term loans are the type of loans that can be paid in a very short time for about 1 to 12 months. Today, a lot of lenders are offering quick short-term loans online with 24/7 application service. This loan can be processed within 24 hours or less and one can borrow from $100 up to $5000. People who are usually obtaining this type of loan are those who have emergency cash needs.

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