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While home improvement loan is great for those repairs around your home, it is not always required to be used for a fix up. There are many ways that this loan can be used, and one of the most popular is the addition of an in-ground swimming pool. The kids will love it, and you will be the talk of the neighborhood with this new addition to your home. These loans are also suitable if you are trying a complete home makeover. New paint and carpets can go along way in brightening up an old drab look.