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Loans You Can Pay Back Monthly

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Short Term Loans in Affordable Installments - 36MonthLoans

While most short term lenders you find online offer at most $500 that you have to pay back within one month, 36MonthLoans allows you to borrow up to $2,500 if you want to pay back within 12 months. Flexible repayment options. An extra benefit you get is the option to pay the loan in more than 1 year, making the monthly payments smaller and much more manageable.

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However, while Irma will pay $135 less every month with the longer loan, she’ll wind up giving the lender more than $5,220 in interest payments over the life of the loan — more than twice the total interest she would pay with the shorter loan.

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