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Personal loan
The Types of Personal Loans
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[QUOTE="Suba, post: 341270, member: 3658"] Applying different approaches types of personal loans can also be grouped into several categories such as. 1. Personal loans without collateral. Personal loans without collateral, also known as unsecured personal loans, will apply simple interest with interest and installments paid in the same amount every month until paid in full. 2. Personal loans with collateral Personal loans with collateral or secured personal loans, you must have collateral, be it a house certificate, car, and collateral items will be confiscated by the bank if you are in arrears within the specified time limit. Next, your collateral items will be auctioned to the public. 3. Debt consolidation loans Generally, it is carried out by a third party to pay off all unsecured debts that you have, be it medical bills, emergency funds, credit cards, business capital, etc. Furthermore, you only have one debt that must be paid to a third party. 4. PayLater Currently, many marketplaces offer paylaters to get goods first and pay later. [/QUOTE]
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The Types of Personal Loans
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