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Is the Interest Rate the Only Thing That Matters When Applying for a Personal Loan?

·3 min read
Is the Interest Rate the Only Thing That Matters When Applying for a Personal Loan?

When you are applying for a personal loan, you'll notice you have a choice of many different lenders and loan terms. While many people focus primarily on the interest rate of the personal loan they are taking out, the rate isn't the only key consideration. Here are a few other things to think about when you decide which loan option is the best one for you.