Answer by D Stanley for To what extent do restrictions on loans apply?
Banks are aware of this fungibility and will take any loan into consideration when determining eligibility and risk. Taking out a loan for any reason during the process will likely be a red flag...
View ArticleTo what extent do restrictions on loans apply?
This is more just a curiosity than an actual real-world problem, but I noticed that most personal loans come with caveats like not being used for business purposes, buying property, stocks and shares,...
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