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Personal LoansCan I Use a Personal Loan for Anything?

There are many different types of loans that lenders may offer. Most loans have a specific purpose, like a home mortgage or auto loan. Personal loans, however, are fairly open-ended consumer lending products that can be used for a variety of purposes. So why would someone take out a personal loan? For starters, let’s better define a personal loan and what makes it unique and versatile.

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