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Charge off - This is a credit card debt or loan which is written off as being uncollectible from a borrower. This at times is the case when the loan has been sold or given the debt to some collection agency. This debt remains collectable. Checking account - The money which is kept in savings or a bank for safekeeping. This money can be ...offer.redarrowloans.comTo qualify for personal loans with Red Arrow Loans, applicants need a minimum annual income of $1,000 or higher. Red Arrow Loans only considers borrowers who are employed and meet the minimum income requirement. The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to ...

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