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"he took a loan" vs "he raised a loan"

Both phrases are correct, but they are used in different contexts. 'He raised a loan' is less common and typically used in formal or legal contexts, referring to the act of obtaining a loan. On the other hand, 'he took a loan' is more commonly used in everyday language to indicate the action of borrowing money.

Last Updated: March 19, 2024

he took a loan

This phrase is commonly used in everyday language to indicate the action of borrowing money.

This phrase is used to indicate the action of borrowing money, commonly used in everyday language.

Alternatives:

  • he borrowed a loan
  • he obtained a loan

he raised a loan

This phrase is correct but less common. It is typically used in formal or legal contexts to refer to obtaining a loan.

This phrase is used to indicate the act of obtaining a loan, often in formal or legal settings.

Alternatives:

  • he secured a loan
  • he obtained a loan

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