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Fortifying your chances of being given a loan.
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[QUOTE="allison001, post: 257699, member: 40034"] Normally a bank or any other financial institute will not just give you a loan just like that for you to use for your business or whatever you want to do without you keeping anything in place of that they will take in case you are not able to pay back the loan you have collected. In this case , that means for you to be eligible to be given a loan , you must have some sort of collateral almost the same value like the loan you are collecting, it could be a land with all the necessary document that proves your ownership or an educational certificate , it could also be any other thing that is available to you. Sometimes the reason you are getting the loan will also be put into consideration. Borrowing of money from friend may be quite different because a friend or a colleague you know may not necessarily demands all those from you. [/QUOTE]
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Fortifying your chances of being given a loan.
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