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Reason for a surge in unsecured loans popularity

Unsecured loans to continue your advance. Between the financials of 2015 and 2018, unsecured loans, including loans to individuals, small and medium-sized businesses (SMEs), and credit cards, experienced a compound annual growth rate (CAGR) of 27%, or almost four times the growth of bank loans of around 7%. This comes at a time when banks …

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