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Credit unions may be a good option for those who are looking for a lender that is willing to work with them to find a loan product that meets their needs and budget. As the in borrower makes payments on the loan, the credit limit becomes available again, allowing the borrower to borrow more money if needed. 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.