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What exactly is a unsecured loan?
An individual loan – also referred to as quick unsecured loans – is cash that is lent from a bank, credit union or online loan provider which you pay off over a collection time period on a set payment that is monthly. You’ll be charged interest regarding the cash which you borrow, in addition to a one-off charge, and you may want to repay the quantity lent plus the rate of interest charged. Continue reading