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Read the terms of your bad credit loan carefully A Job or Benefits When borrowing, always check whether the lender has a credit licence. But don't rely on that alone. Most consumer credit licences only cost Đ1,000 to get, so they don't necessarily guarantee a legitimate business with wholesome practices. Google the company as well, and do whatever else it takes to find everything you can about it. Spring short-term loans: All spring short-term loans must be repaid within 90 days but also prior to receipt of financial aid for the next year. Federal regulations require that financial aid funds not be used to pay prior year charges. Therefore, short-term loans borrowed in spring cannot be repaid by the following fall disbursement. Financial aid will not be disbursed until prior year charges are paid.
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