Arre, for guys like us with up-down income, banks want 14-16% interest and piles of paperwork - bank statements, ITR - which I can't always show clean. They'll ask for collateral too, like gold or a guarantor. But my reality? I got my last loan from a local chit-fund uncle, no documents, just my word and my toolbox as collateral. The interest is higher, but they understand when the kaam is slow and let me pay in small amounts.
#money#career
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