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Short-term loans are basically loans that are offered to an individual for a short tenure that usually ranges from 15 days to a year. These are advantageous for customers who are unable to get loans for a longer tenure from a bank or lender. Short term loans are generally unsecured, meaning that you do not have to provide any money or property as security to avail the loan amount.

Short-term loans are basically provided to an individual for a very short tenure that usually ranges from 15 days to 1 year. These are beneficial for customers who are unable to get loans for a longer tenure from a bank or lender. Short term loans are generally unsecured, meaning that you do not have to provide any money or property as security for the loan amount.

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