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A short-term installment loan should be paid off in a month. Itâs a general limitation on time in the USA. But, depending on the State, the limitation varies. Some states provide to repay such a loan as an installment one or a payday up to 90 days (3 months). It doesnât mean that applying for a $200 you will totally pay it off in 90 days. The repayment period depends on the required sum of money, your payment abilities and sometimes your credit history. As itâs an unsecured debt, the lender is unlikely to provide you a bigger sum of money for a longer period of time. Do you just need a small advance against your pay to tide you over? Simple: Anyone can fill the simple application form from anywhere and access the loan within minutes.
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