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Can loans be guaranteed? Finding a guaranteed approval loan is a dream come true for many people, but unfortunately it´s not possible. There is no such things as guaranteed loans, because nobody will give away money, without a chance of getting it back, with interest.
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The lender holds the right to sell the asset in case the borrower commits a default. It means the lender will not deny the loan application despite the borrower is having a bad credit score. If not the credit score, the borrower should have a guarantor with good credit score to confirm the guaranteed loan approval.
Interest rates for cash advances can be between $5 and $10 for every $100 borrowed. A cash advance loan can be reimbursed in a period of time of 6 months to 120 months (10 years). If you need more time to reimburse the amount borrowed, please specify that on your application. Possible payment plans for $5000 up to $9500 with guaranteed approval
Otherwise, there is a big chance that you can default and not repay your loan, which will lead to a penalty and higher fees. As a result, you can get into even a bigger trouble than you started with. That’s why, small payday loans are really affordable and easy to apply for. So, the approval for 100 dollars loan is possible for almost everyone.