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You also need to have some sort of income. The income may sss personal loan computation from any source, such as employment, unemployment, pension, benefits, etc. You also need to have a valid bank account.
You can contact your lender for more information about its specific policies. Impact on Sss personal loan computation Score. Lenders are within their rights to file reports with the three major credit bureausвЂExperian, Equifax and TransunionвЂif you fail to repay your loan.
This negative remark will lower your credit score and may make it impossible for you to obtain short term loans or other forms of credit in the future. However, once you have repaid your debt to your lender in full, this will be reported to the credit agencies and the negative remark will be removed from your credit history.
Some of the lenders in our network participate in what is known as automatic loan renewal.
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