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In some cases, you may be given the option of obtaining a loan from a tribal lender. Tribal lenders are subject to tribal and certain federal laws while being immune from state law including usury caps.
If you are connected to a tribal lender, please understand that the tribal kotak mahindra personal loan foreclosure rates and fees may be higher than state-licensed lenders. Additionally, tribal lenders may require you to agree to resolve any disputes in a tribal jurisdiction. You are urged to read and understand the terms of any loan offered by any lender, whether tribal or state-licensed, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you.
The purpose of shorter duration loans is to provide the borrower temporary financial relief. Such loans are not a long-term financial solution.
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In most cases, YES. Online payday loans are easy to get as long as you are at least 18 years old, have a bank account, have a reliable source of regular income and are a U.
citizen or permanent U. resident. Depending on the state you live in, you may be able to obtain an installment loan or a line of credit.