What questions should you ask about unsecured loans?

What questions should you ask about unsecured loans?
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Answer :

Review the Truth in Lending statement so that you understand the rate of interest and what it means in the overall repayment of the loan. Find out if there are penalties for early repayment and/or if the rate can be lowered after a certain number of on-time payments. Read the contract and make sure you understand the terms completely.
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