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What happens when an applicant is not completely honest on the payday loans application or after loan approval? A good lender will find out. Not all companies will lend money to just anyone who applies. In fact, anyone who is trying to apply for a loan fraudulently will only end up hurting themselves the most in the long-run.
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While non-traditional payday lenders are among the few who don't look at your credit history before approving you, traditional lending institutions are moving further away from the FICO score only" mentality. They are turning to other means of judging a consumer's credit worthiness. "
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