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Repaying an installment loan includes interest payments and after a certain period, an increasing portion of principal amount is also paid back. This helps in steady reduction in the principal amount during the loan term. [link widoczny dla zalogowanych] As you will discover when you read a Plain Green Loans review, this lender is based on the Rocky Boys Indian Reservation in Montana. The company is owned by members of the Chippewa Tribe who are based on that reservation, and they offer first time borrowers loans of up to $1,000 in value. They have lower rates than many other payday lenders, and they offer better payment plans than most other short term lenders.
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