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They use personal loans to consolidate debt, including credit card and medical debt; to fund a new business venture or as a small business loan; or to cover home repairs. Some even use loans to fund events such as a wedding or vacation.
To the lender, your ability to repay the loan is more important than what you plan to use cash loans around midrand loan for. Personal loans are often unsecured and require no collateral. Loan seekers with marginal credit may be able to obtain this type of loan with the help of a cosigner. Payday Loans.