You can choose the amount depending on your needs and the size of your disposable income. Majority of lenders are willing to extend very large sums to borrowers who are capable of repaying their loan. You have the option to select the term of the loan as well. Usually, the smaller the borrowed amount (principle amount) is the shorter the term will be and vice versa. In general, a short term will make the loan more affordable while a longer one will make the repayment instalments smaller.
Unsecured loans are more affordable and much more convenient.
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