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Personify Financial Personal Loans Reviews (July 2019. – Personify Financial Personal Loans charges a loan origination fee of 0% to 5% of the loan amount. Personify Financial Personal Loans deducts the fee directly from your loan amount before depositing your money, so make sure you take this fee into account when deciding how much you need to borrow.
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Are loans assets or liabilities? – Quora – Hence, loan can be both, an asset and a liability. This is because there are two aspects to every transaction. Therefore, according to the golden rule of accounting: Loan is an asset to the lender and a liability to a borrower. Example: For a lender who lends money, loan is an asset: Borrower’s Loan A/c Debit To Cash A/c
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