What forms do personal loans generally come in? Group of answer choices
All of these answer choices are correct.
Installment credit.
Line of credit.
Deposit advances.
Instalment credit is a kind of credit where the repayment is carried out through a series of instalments bringing down the outstanding balance. This can be for a personal loan
A personal line of credit is a bank loan that is similar to a credit card such that a specific loan amount of money can be used for a purpose.
Deposit advances are loans sanctioned against deposits of the borrower. Typically 90% of the deposit is sanctioned as a loan.
Answer is All of these answer choices are correct.
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What forms do personal loans generally come in? Group of answer choices All of these answer...
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