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Banks also often have a wide range of loan products available, ensuring that customers can find a loan that meets their specific needs. Overall, getting a loan from a bank can be a good option for those who need to borrow a large sum of money or who want to take advantage of a low interest rate.
Alternative lenders: Alternative lenders, such as online lenders and non-bank financial institutions, may be more willing to lend to unbanked individuals than traditional banks. This can be especially beneficial for those who are trying to improve their credit or who have a limited credit history.
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