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Personal loan rules and regulations in india

I've been dealing with a financial situation lately and I want to get out of my situation. I needed 7,000. The gentleman on the other line was very courteous and professional with a slight accent. After asking me several questions, I asked what was the interest rate. He said it would be 96. So in addition to borrowing 7000, I would have to pay back 6,720 for a grand total of 13,720.

I said to the guy, "Are you nuts. " Hehehe. I said, "Thank you and I appreciate your time.

Personal loan rules and regulations in india

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Personal loan rules and regulations in india