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Loan - a word, which in itself has both positive and negative impacts on a person. On the one hand, it is a monetary blessing which gets an individual, company or entity one step closer to achieving whatever it is they desire; and on the other hand, it is a stressful liability, which comes in the form of expensive EMIs and regular interests, failing to pay which, tends to trap the borrower in an almost inescapable trap of hefty penalty and interests.
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about 3 years ago