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Personal Loans: Generally unsecured and can be used for almost any private want.

Payday Loans: Short-term loans that should be repaid by your next payday; known for high-interest charges.

Peer-to-Peer Loans: Facilitated through online platforms, permitting people to lend and borrow from one another.

Microloans: These are typically smaller amounts loaned to start-ups and entrepreneurs, typically provided by non-profit organizations.

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