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Author Topic: What is the best option when getting a personal loan  (Read 506 times)

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Offline nitinarora

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What is the best option when getting a personal loan
« on: January 12, 2016, 04:06:14 AM »
 I want to get a personal loan but what is the best option for personal loan please suggest me......

Offline arwindsharma

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Re: What is the best option when getting a personal loan
« Reply #1 on: January 13, 2016, 11:03:08 PM »
You can apply for a personal loan, only when you really need it. Normally, we go to the nearest branch of a bank or an NBFC to apply for a loan, but these days, we can apply personal loan line as well.

Situations that lead you to apply for a personal loan

  • When you want to use the money to renovate your house, finance a vehicle or vacation or to consolidate your debt
  • When you do not want to go for a mortgage loan
  • When you want loan to be approved with the minimal documentation
  • When you need a loan for shorter period and need it urgently

When you can afford to opt for a higher rate of interest

 

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