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It's Easier to Borrow Money When You Don't Really Need It. Here's Why

It's Easier to Borrow Money When You Don't Really Need It. Here's Why

This could be a mortgage loan to buy a house, a car loan to purchase a vehicle, or a personal loan to fund a big purchase. If you're already in a very good financial position, lenders won't be worried about whether you have the ability to make payments. When you apply for a loan, lenders take a look at many factors.