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Demand notes- Ideal for college students to purchase books, school supplies. Short-term loan notes are designed to be default-free, an alternative to traditional bank loans. The terms are simple as far as repayment structure; either a 60 or 90 day note based on simple interest and no reoccurring finance charges-additional interest.
Example 200.00x14% =28.00 interest for a total payment of 228.00.

Budget Planning 2012