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1. Rate of interest charged on the loan

Saturday, January 13, 2018, 3:50 PM

Personal loans charge a very high rate of interest as they are unsecured. The interest rate on personal loans ranges between 11% to 22% a year. Interest rates are fixed depending upon borrowers income, creditworthiness, age, company you work for and so on. Before availing a personal loan, you must compare the interest rate charged by different lenders and select the lender who offers
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