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Types of short-term loans Short-term loans come in several types, each with different characteristics, fee structures and terms: Payday loans:Apayday loanprovides cash for borrowers as they await their next paycheck. Usually, the only requirement is a pay stub to prove you have a job. These...
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2016年ACCA知识点：Short-Term Finance ACCA F9考试：Short-Term Finance 1.Bank Overdraft Advantages Flexible.Provides instant finance.Disadvantages Repayable on call, unless the bank offers a "revolving line of credit".The interest rate charged is often both high and variable.* 2.Trade Credit Trade ...
Chris Tapp on the Donal MacIntyre system specified that: “We would simply previously want to see customers making use of payday loans if they have a hopeless, one-off short term want and there’s virtually no different selection.”
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