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Taking a Personal Loan from Licensed Moneylender vs. Banks

Taking a Personal Loan from Licensed Moneylender vs. Banks

People mostly take personal loans from two major sources. One is banks, and the other is licensed, moneylenders. These are the most popular personal loan providers. When we talk about moneylenders, people assume they are loan sharks. But we are not talking about loan sharks. Those are unlicensed moneylenders. We are talking about licensed moneylenders....