Finance
Personal Loan
Offered by most banks
used for any expense: from
buying a new stereo system to paying off a common bill.
Typically unsecured
from a few hundred to a
few thousand dollars.
require income
verification
proof of other assets
worth as much as the loan
application only one or
two pages long
Approvals or denials
granted within a few days
interest rates high 10-12%.
repaid within two years
impractical to finance
large projects.
best way to
borrow small amounts of money
Personal Loan Tanzania:
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