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The gig economy refers to a labor market characterised by short-term, flexible jobs as an alternative of permanent positions. Workers in this area typically interact in freelance work, contract roles, or task-based jobs facilitated by digital platforms. As the gig economic system expands, so does the need for tailored monetary products that acknowledge the distinctive revenue variability and employment status of gig work
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Lastly, since these loans typically target individuals who might not qualify for conventional financing options, they might inadvertently encourage borrowing past one’s means. It becomes imperative for borrowers to assess their reimbursement capability realistically before taking on any new d
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