Before you apply for a personal loan, you must form a repayment plan. How will you obtain the money you need to pay off the loan? When will you be able to make your first payment? On what sort of schedule would you prefer to pay back the lender? Without a sensible strategy for repayment, you could end up paying far more than you intended in fees and fines. So before jumping in head first, review the personal loan repayment options and emergency alternatives below.
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