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Short term personal loans have gained more popularity nowadays as compared to a decade before. There are a number of reasons why short term loans of personal nature are attractive for people to fulfil their wish-list. It is because you are not tied down to the ongoing schedule of repayments for a long run as well as due to its future flexibility. These loans come in various forms ranging from peer-to-peer promissory notes to more complex loans i.e. payday, mortgage, trade credit etc.

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