How to get a personal loan in 8 steps
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A personal loan can help you get over a financial hump, cover an unexpected expense, pay down debt faster or make a big-ticket purchase. Most personal loans are unsecured and readily available through banks, credit unions and online lenders.
There are several types of personal loans to choose from, including debt consolidation loans, home improvement loans, medical loans and wedding loans. But before applying, you should know that there are multiple steps involved in the application process. It’s beneficial to familiarize yourself with those steps so you’ll know what to expect and avoid any surprises.
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