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Personal loan
Factors that bank consider before giving us loans
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[QUOTE="Sherman198, post: 125672, member: 23031"] Banks too wants to make profits....They are also business enterprise. Their sole purpose is to make profit. That's why you will have huge interest on your loan. The collateral they ask for Sometimes can worth more than what you are asking for. That's why people are borrowing against their Bitcoin now. They borrow online and use their Bitcoin as collateral. Before the duration of their loan expires, Bitcoin increases in value, they pay back with the gain they made. Risky though.....but everything is risk. [/QUOTE]
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Factors that bank consider before giving us loans
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