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Factors to consider before granting loan
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[QUOTE="Shigobad2020, post: 275230, member: 30251"] There are a lot of ways in which we can get a loan to start our business or do a project depending on the amount of loan we want , and some of the loan might take a while before you get it because of the protocols and due process they need to follow before granting you a Loan you can get a loan from a loan shark which is the hardest way or getting a loan because youbare going to need a collateral and also need someone that will stand as a guarantor for you , and the interest of the loan will be higher than other type of loan . Secondly is bank loan which is also somehow hard because they also need your statement of account and also a guarantor and also a collateral to stand in case you won't be able to pay back the money . And lastly is the loan gotten from a friend or from a society which doesn't take you through stress before getting and sometimes there might even be any interest attached to it . [/QUOTE]
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Factors to consider before granting loan
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