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Once you've spent the easy paycheck loan amount on buying holiday decons and gifts for all your folks, you now need to seriously consider how you are going to repay it. It's true that the amount is not that large. But considering that you needed to take a loan in the first place, your finances are bound to be a little shaky at the moment. If this is not the case and you have managed to get together enough money to repay the loan within a week or so, then pay it off in full immediately. The longer you take to repay it, the more you will be spending by way of interest and service taxes.
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