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On the other hand, before applying for same day loans for bad credit since these are short term cash services offered for a small repayment period, till payday. Under the provision of these loans you can acquire small fund that ranges from $100 to $1000 and this is released for a period of 2-4 weeks. Because of being short term and unsecured in nature, the rate of interest is charged somewhat high in comparison of other loans. The fund you can make use for paying unexpected medical bills, sudden repairing of car, child’s school or tuition fees, outstanding bank overdrafts, loan installments, credit card dues and many more.

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