Many misconceptions about loans can lead you to make poor financial decisions. In this blog post, we debunk the most common loan myths, like “you need perfect credit” or “applying for multiple loans always hurts your credit,” and reveal the real facts you should know before applying. From understanding how lenders evaluate you to knowing whether early repayment is allowed, we cut through the noise and provide clear, practical insights. Read on to empower yourself with the right knowledge and approach your borrowing journey with confidence.