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What difference is there between a personal loan and an advance?

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تم إضافة السؤال من قبل Nadjib RABAHI , Freelancer , My own account
تاريخ النشر: 2015/11/08
RAOOFUDDIN A SHAIK
من قبل RAOOFUDDIN A SHAIK , General Accountant , THABAT CONSTRUCTION CO. LTD.

A personal loan is a short-term loan on your income and your ability to pay it back credit check requiring qualifications for bankruptcy status, but cash advances repaid just within a month or so with maximum amount borrowon not exceed the income, this does not require any credit check or bankruptcy status.

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