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In case you are not able to pay back on due time, you should get in touch with the company member, who will instruct you on how you can make a plan to help you repay your debt in the soonest time possible and avoid paying too much. Though we never ask, weâve received feedback from prior applicants about the loans they received and what they used the funds for. This has given us a nice overview as to the uses of our bad credit installment loans. Taking this concept a step further, credit scoring agencies issue credit reports that assign individuals a number (from 300 to 850). That number is used by banks, credit cards and other financial businesses to assess your creditworthiness -- how likely you are to repay a loan.
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