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Credit comes from the Latin word âCredoâ which means âI believe.â It is the trust in which one party provides funding to another where the payment is set by an arrangement. The lender is taking risks in providing funds to the borrower and so trusts the other party that it will follow the arrangement that they have. There are many types of credit, but the one we are interested in is consumer credit. Under consumer credit different types of financial products would fall under. Anything that has to do with the finances of an individual can be classified as consumer credit. [link widoczny dla zalogowanych] A payday loan is for a short time and therefore higher fees may apply, normally. But we make a point of avoiding this bias grounded in the opinions of consumers. Keep in mind, that such types of credits are not intended to be a long term solution to financial problems. Those who need assistance should seek the services of a program of credit counseling. Your end of loan action is set to pay in full

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