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    Thread: Can't understand the difference between crypto loan and a simple payday loan...

    1. #11 Collapse post
      Trader_Rob is offline
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      Recently, I have been seeing ads encouraging me to take a loan online. I am only ignoring it because I am not interested in taking any loans. And besides, if I ever will need to, I will choose to loan from a bank. I think that's easier and the conditions are clearer.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Even though I am into cryptocurrency and anything digital, I still would not even think about loaning online. They have unreasonable interest rates and I find it less secured than going to banks.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Mr. Cid View Post
      I think it might be a good idea to loan money from banks because the contract is very clear compared to loan sharks on the Internet.
      That's right. When it comes to loans, I still prefer going to banks. Others have unreasonable interest rate.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by AbdulShiek View Post
      Hmm.. I think it's about the interest rates. One must have to consider the monthly amortization and its penalties.
      True. We should also read the content of the contract before we proceed. Some of them just signed the agreements without reading the contracts.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Alexthedefender04 View Post
      The guy there is absolutely right. It's all about payment method. Why are you asking something like that? Are you thinking about getting a loan? I did 4 years ago. Bought a new house. I was just tired of rented flats and other stuff like that. One bank proposed loan with 4% interest, I refused it.
      Hmm.. I think it's about the interest rates. One must have to consider the monthly amortization and its penalties.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      The guy there is absolutely right. It's all about payment method. Why are you asking something like that? Are you thinking about getting a loan? I did 4 years ago. Bought a new house. I was just tired of rented flats and other stuff like that. One bank proposed loan with 4% interest, I refused it.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    7. #5 Collapse post
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      Quote Originally Posted by Newbie_trader View Post
      There many loan sharks lurking around the Internet. One must be aware of the Interest rates.
      I think it might be a good idea to loan money from banks because the contract is very clear compared to loan sharks on the Internet.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    8. #4 Collapse post
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      Quote Originally Posted by AbdulShiek View Post
      We should be avoiding taking loans online because the interest is way too high.
      There many loan sharks lurking around the Internet. One must be aware of the Interest rates.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    9. #3 Collapse post
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      Quote Originally Posted by darexgeorgieviya04 View Post
      Could anyone explain me where is the difference? Moreover, what's more advantageous - a crypto loan or payday loan?
      We should be avoiding taking loans online because the interest is way too high.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Man, it's not a rocket sciense! You can't pay for a regular loan with criptocurrency! You use regular money for regular loans. Duh!

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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