Eli5 ‘How do personal loan companies make money if you pay everything you loaned back,before the first installment date (and no early repayment fee either)?’

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Eli5 ‘How do personal loan companies make money if you pay everything you loaned back,before the first installment date (and no early repayment fee either)?’

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Anonymous 0 Comments

Simply put. Their business model and target demographic are people being in a situation to not do that. It’s legal loansharking

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