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Loans in Tamil - Things to Remember Before Lending Money to Friends & Family | IndianMoney Tamil

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Of course yes, we prefer Loans in case of no money or insufficient funds. Usually, banks, non-banking financial companies, financial institutions lend money.  Borrowers are supposed to repay the money with a certain rate of interest. Penalties and late fees would be applicable in case of non-payment or late payment and it also affects the credit scores. Wherein in case of lending money to our friends or family, there won't be any documents or proof, what if they do not repay. In this video, we have given detailed information about what are the things we need to remember before we lend money to friends or family members

 
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