There are so many choices in the market when it comes to applying for a loan. There are some basic requirements which a user wants when it comes to taking a loan. The common needs are that the interest rates of the loan should be low. Also the verification process and the loan approval process should be as short as possible. Also the payment options should be simple and UN complicated.
These loans are applied by complete imbeciles and thus these loans should have such payment options which can be understood by 5 year old. Just wish this was a joke but it ant. The penalties or other charges like processing charges should be low as well. The paperwork should be easy and understandable to the common fool on the street.
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