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Avail loan with low credit score: #2 Collateral loans

Avail loan with low credit score: #2 Collateral loans

Monday, May 22, 2017, 2:58 PM

Collateral loans are taken against assets such as shares, movable and immovable property, fixed deposits, gold, PPF, etc. However, the interest rate could vary based on the type of financial product you pledge. Your credit score often ends up determining the rate of interest of your loan. If you have low score, lending institutions may give you a loan at a higher interest rate.
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