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Important things to know before you opt for a festive loan this season
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The festive season has been flooded with offers from lenders offering special loans to their customers. Taking a loan during the festive season is quite common as many await this opportunity to grab the best offer to buy a home, car, jewels, etc. at low-interest rates. Besides, the festive season is also the time when banks push their special loan offers in the form of waiver of processing fees, discounted fees, lower interest rates and so on.
However, one should always be mindful while borrowing, as the idea of festive loans, is to encourage people to spend more during the festival season. At the same time, taking a loan is also the best option when you do not have enough money to pay for essential things. Yet, one must take precautions to
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