Sentences with phrase «unique type of borrowing»
Either way, the payday loan is a unique type of borrowing that can be a good way to go.
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While there are other types of secured personal loans available (an example would be pawn shop loans), a car title loan offers a unique advantage: unlike pawn loans, where you are required to provide the lender with possession of the jewelry or other valuable you are borrowing against, since all you need to hand over is the car title, you are able to drive your car while you make payments.