Personal Loan

Why Take Out a Personal Loan?

Personal Loan

If you instantly think that taking out a personal loan is a bad idea, ask yourself what you would be using it for. Personal loans in Canada don’t have to be a bad thing; there are many good, legitimate reasons to take out a personal loan. Of course you would want to choose a credit limit, interest rate and payment ...

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Lending 101: Can a Personal Loan Be Used for Business Purposes as Well?

Personal Loan

The quick answer to this is YES, it can!  For someone hoping to start a small business today, lots of hurdles could possibly limit the actualization of the dream. Chief among the likeliest detriments, apparently, is the lack of adequate funding to kick-start the business. See, almost all the mainstream financial institutions never bother to finance a startup. They will ...

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