History, asked by 8839737684, 3 days ago

what problems do the borrowers face while taking loan.

Answers

Answered by shimonsingh02

3

Answer:

#1 – Rejection in the first stage itself.

#2 – The need for collateral.

#3 – High interest rates on personal loans for borrowers.

#4 – Credit score issues.

#5 – Enormous paperwork.

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