Actually, this myth is partly true. You can't get an advance on your credit card or an unsecured Personal Loan as a down payment. You can't borrow your down payment from friends or family, either. But, there are a number of types of loans that are perfectly acceptable to use as a down payment.

These loans are made available to borrowers at a favourable rate of interest. These finances provide an easy way to meet any of the personal needs. You could avail instant Personal Loans instantly and easily. There is no restriction as to how you use the loan amount.

These days most major USA credit card providers offer a vast array of reward programs to try and entice potential new customers to apply for a card. Since the inception of reward packages, one of the most popular packages that applicants go for is airmile credit cards.

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