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George, Bank of Melbourne, BankSA and Westpac.

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I will offer the photographers a royalty of 70% of sales starting with the sales made in the second month (after all, I only need the $1million in the first month).

The products reflect a basic fact: Many low-income borrowers are desperate enough to accept any terms.

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In practice, consumers could reborrow serially on a single Section 7 loan structured as an open-end loan.

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Fees and Charges Borrowing Fee: 23% of the loan principal.

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