Personal loan, Sept. 4 -- If you are planning to raise a loan and a lender is reluctant to lend as much as you want, what can be the alternative? Either you borrow from friends and family, or else you stagger your requirement over a period of time.

Alternatively, you could rely on multiple lenders for your personal loan requirement so that collectively, your needs could be met. Let us take a look at some of the advantages of reaching out to multiple lenders.

I. Different interest rates: When you borrow from multiple lenders, you could take out loans at different interest rates. For instance, one lender with which you share a good banking relationship offers you a loan at 12 per cent per annum, whereas another one could offer a loan at 1...