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They remain on your file for 5 years, and whilst older defaults may not necessarily be an accurate depiction of your current financial circumstances, and your capacity to repay your current fast cash loan, recent defaults are and will result in a decline of your fast cash loan application.
Daley closed the gap through expensive borrowing practices and one-time fixes, such as leasing out the city's parking meters for a one-time $1.
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However sometimes things don't go as planned and the result is a missed repayment.
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