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Saturday, 18 December 2010

90 day loans

Hope you have heard about the usefulness of the 90 day loans and how they are better than the payday loans.I come through several people who have defaulted on the payday loans because of high interest rates and shorter terms.So how about a loan with a longer term?This is what the 90 day loans provide the borrower – a loan with a very fast and high approval rate.But these 90 day installment loans also come with a high interest rate.Remember that no lender is going to give you a QUICK loan at a lowest interest rate – so people have no other options other than to get accept the interest rates of these installment loans.

Requirements of 90 day loans:

The requirements are not complicated at all.In fact the only major requirement is that the borrower needs to have a valid checking account and should be employed – no fax and no credit check required.

Minimum credit score to get a 90 day installment loan?

Like i said earlier,there is going to be no credit check by most of the lenders and so there is nothing to worry about you extremely bad credit scores.All you need to do is sit in front of the computer an surf the websites giving these loans – find the lowest offers among all the lenders.This is extremely important.

The interest rates of these loans would range from 10 to 30 dollars per 100 dollars but the major advantage is the long term [90 days – so this is much longer than the payday loans]involved .

Some guidelines and suggestions regarding these loans:

There are so many people requiring cash for their dire emergency – at such situations,these loans can be of massive help that cannot be compared to anything else.But there are disadvantages too.So think twice before getting them – if you have friends who will be willing to help you,there is nothing wrong in asking them for help.But still the 90 day loans are the best financial solutions for most of the people and there is no doubt about that.

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