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The advantage of an installment loan over a short-term loan is that it allows you to break up your repayment into reasonable payment amounts which are in step with your earning ability. By repaying a smaller amount each time you are paid, for example, ideally you will be able to stay current on all the items in your budget. Easy Approval, Fast & Secure Service. Apply Online Now. If you are committed to pursuing a degree in one of a number of high-need fields like health science and teaching, you might find special financial aid incentives that apply to your academic major. There are student loans specifically designed for health science students.
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