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When you arrange a loan, you do not just have to pay back the money – it becomes a bit more expensive than that.
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Before deciding on a loan, you should compare different lenders. However, be careful if you go through a credit broker. |
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There are two types of loans, secured and unsecured. The type that you consider often depends on how much you wish to borrow and on whether or not you can offer collateral (such as a life assurance policy or a package of shares). |