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Your Money: Five tips to get the best rate on a personal loan
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A personal loan can finance big expenses like those for education, wedding, home refurbishments, and also various emergencies. To optimise your user experience, look for various benefits offered by lenders like a flexible repayment tenure, online applications and quick disbursals of loans.
Balance transfer of existing personal loans and credit cards at pocket-friendly rates can be a bonus benefit. Besides, try to get a personal loan at a low interest rate to pay it off conveniently.
Here are five essential tips to get the best rate for a personal loan:
Boost your credit score A high credit score (above 700) can help you get a personal loan at a low interest rate. Such a score is backed by good credit history. So the lender can trust that you
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