Uses of Personal Loans

Uses of Personal Loans

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A personal loan is money you borrow from a lender for your own private use. The lending institution can be a bank, investment broker, or private lending company. You can apply for such a loan in your home town or on the internet. Personal loans can be used for a variety of needs including a vacation, vehicle repairs, education, medical expenses, home repairs or remodeling, legal bills, and debt consolidation.The most common use for personal loans is to consolidate debt that has accumulated, such as credit card debt. Individuals may find themselves scraping by each month with minimum payments, realizing the debt is going to take forever t( payanbsp;...

Title:Uses of Personal Loans
Author:Mary Woods
Publisher:BookRix - 2014-09-02


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