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Debate Score:2
Arguments:2
Total Votes:2
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 bank vs direct lender (2)

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bank vs direct lender

Where is the best place to apply for a small loan - a bank or a direct lender?
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1 point

Typically, the bank has a lower interest rate than direct lenders. But this is where all the advantages come to an end. It takes a long time to apply for a loan at a bank; you have to collect the documents, get a certificate from work about your income, and come to the bank immediately. Waiting for the money can be from one to two weeks. I do not think that a small amount of credit is worth such a hassle. I prefer to go to https://katiecashonline.com/payday-loans/how-can-i-get-no-credit-check-payday-loan/. It is possible to apply for a loan in just a few minutes and get the money into a bank account on the same day.

1 point

I prefer to deal only with banks. And I choose the same bank all the time. I feel safer this way and I already know all the nuances of dealing with this bank. I am too conservative and anxious person to try something else that I don't know much about.