Short-term loans online are financial products that provide quick access to small amounts of money, usually to be repaid within a few weeks or months. They are designed to help borrowers manage urgent expenses or temporary cash flow problems without long-term commitment. These loans typically have higher interest rates compared to traditional loans due to their short repayment period. Applying for short-term loans online is convenient, with fast approval and minimal paperwork. However, borrowers should use them responsibly to avoid debt traps and ensure timely repayment.
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