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Debt tends to carry a negative connotation.

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However, not all debt is necessarily bad debt.

A personal loan is a form of debt that may be an advantageous wealth-building tool if used appropriately.

Here are three smart ways you could bothleverage your wealth and capitalize on your assets from personal loans.

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Fund a Home Improvement

According toDiscover, a personal loan could be used for home improvement projects.

If successful, your business should turn a profit (which is the goal, of course).

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