What Is a Personal Loan?

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What Is a Personal Loan? A personal loan is money you borrow from a lender and can use for almost anything, such as paying off debt, buying an oversized item like a car or boat, or paying for a significant expense like a wedding or vacation. In the United States, people can get personal loans. …

What Is Bankruptcy?

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What Is Bankruptcy – What Does It Mean? Bankruptcy gives an individual or organization a fresh start by forgiving unpayable debts while providing creditors a chance to be repaid based on liquidated assets. In theory, bankruptcy helps the economy because it gives people and businesses another chance to get credit and pay back debts. After …

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