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Personal loan
Bank Loans Easy or Hard To Obtain
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[QUOTE="Alexandoy, post: 71897, member: 25510"] In our country a bank loan is not easy to obtain because of the strict requirements of the bank. The first and foremost of the requirement for a bank loan is the capacity to pay. If you are a businessman who is starting a business and you have no permanent job then I do not think that you can be qualified to obtain a bank loan. The next requirement is the collateral. In case the borrower (that is you) cannot pay back the loan then the bank will repossess the collateral. That is how bank loans work here. The bank has always the advantage and the borrower is always the underdog. [/QUOTE]
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