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We remind that late payment or non-payment sky bet cash advance fee your loan can have negative impact on your credit history. Some of the lenders in our network may automatically renew your short term loan if it becomes past due. This term is clearly identified in your loan agreement.
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Include Interest. Loaning money isnt free. When a friend lends you 200, thats 200 they no longer have in their bank account. So its only fair to pay them back at least as much interest as they would have earned by leaving that money in the bank. Put It in Writing. Have a written agreement that outlines your timeline for paying off the loan and the interest you will pay. This makes the terms of your agreement clear and prevents misunderstandings that could hurt your relationship.
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