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With a direct loan, you’re borrowing money directly from a government agency. All loan payments will be made to pay back the government.
If you qualify for a government loan, a number of potential benefits can make it an attractive borrowing choice.
Some government loans come with repayment plans that make it easier to pay.
To help promote economic and community development, a number of business loans are available to help fund businesses of all sizes.

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Missed payments and credit scores. It is important that you have sufficient funds in your bank account to the date of your loan repayment. Failing to have the requested amount or having a payment refused by your banking institution results in a $40 penalty.

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