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Social Studies

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Benefit of Personal loans

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Answer:

Advantages of Personal Loans

They Have Many Uses. Many types of loans, such as mortgages, auto loans, and student loans, can only be used for one specific purpose.
You Don't Need Collateral.
You Can Borrow Any Amount.
Rates Are Reasonable.
You Don't Need Great Credit.
You Have Plenty of Time to Pay.

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