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Questions tagged [hardship loan]

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JejuJoyful JejuJoyful Tue Nov 26 2024 | 5 answers 1070

What is a hardship loan?

I'm currently facing some financial difficulties and came across the term 'hardship loan'. I'm wondering what exactly it is and how it works. Can someone explain the concept of a hardship loan to me?

What is a hardship loan?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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