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Auto Loans : Auto loans are issued by a bank, a creditunion, or a company that specializes in automobile lending. Mortgage Loans: Mortgage loans are issued by a bank, a creditunion, or a company that specializes in mortgage lending. Depending on the reason, they often do not require collateral.
But online retailers and app-based companies have taken off to fill the new consumer need. Startup costs can easily top $10,000 and the fact that these loans are typically secured with collateral makes it easier to qualify for larger amounts. That is, unless your credit score is too low to qualify. Looking Forward.
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