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Tag: pros and cons of loans


The Pros and Cons Of Loans from Family/Friends

The Pros and Cons Of Loans from Family/Friends

If you need some money quickly, then as an alternative to making a formal application to a lender, you could ask a friend or a family member if they can help. However, there are both advantages and disadvantages to doing so. Advantages of borrowing from family and friends It may be easier to obtain the loan. Especially if you have a poor credit history, you...

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