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Collateral Loans & Vehicles - Risk and Regulation
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Responsibleborrower - I'm really concerned about the implications of utilizing a car as collateral for a personal loan. It feels like a risky strategy, particularly given potential depreciation or damage to the vehicle. What are your thoughts on how this approach affects both borrowers and lenders - are there potential pitfalls that need to be considered?
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Collateral Loans & Vehicles - Risk and Regulation - by AngelKristopher - 05-13-2023, 10:39 PM

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