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n Reward: Immediate monetary aid and stress reduction.
Risk: High-interest charges leading to a debt trap if not managed correctly.
Reward: Flexibility in compensation adds comfort.
Risk: If secured, collateral may be at risk in case of defa
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n High Interest Rates: The convenience often comes at a premium.
Short Repayment Terms: You'll have to repay the mortgage shortly, usually within weeks.
Risk of Debt Cycle: The ease of obtaining these loans can lead some into a cycle of d
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