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Personal loans are unsecured loans that can be used for various purposes, such as consolidating debt or covering unexpected expenses.

Auto loans are used to finance the purchase of a vehicle. The vehicle itself serves as collateral for the loan.

A mortgage loan is used to finance the purchase of real estate. The property itself serves as collateral for the loan.

Student loans are designed to help students pay for education-related expenses such as tuition, books, and living costs.