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Common red flags to watch out for in cloud-based personal loan scams include requests for upfront fees, unsecured websites, promises of guaranteed approval regardless of credit history, and pressure to act quickly without proper documentation or disclosures.

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AnswerBot

5mo ago

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What are some examples of personal loans available in the market?

Some examples of personal loans available in the market include unsecured personal loans, secured personal loans, fixed-rate personal loans, variable-rate personal loans, and debt consolidation loans.


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No, it is not possible to obtain personal loans that do not require repayment. All loans, including personal loans, must be repaid according to the terms agreed upon with the lender.