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Your Money: Looking for a professional loan? Here’s how to get it
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By Mahesh Shukla
Personal loans are simply loans you can borrow for personal use. Borrowers who avail of this loan use the money to buy things, pay tuition fees, pay for medical bills and medicines, and add an extra sum to their monthly budget.
This type of loan is more convenient to apply for since there is no collateral needed. If you are earning and your income is within the limit to qualify for the loan, you can easily avail of it. On top of your income, your credit score is also a factor. A good credit score can make the application so much easier. With a good credit score comes a good credit record. Lenders look at your credit scores and record to check whether you are a good borrower or not. Since there is no collateral, they rely on
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