There are many different types of personal loans. The type you decide to use will depend on your credit situation and individual preference. Below is a short overview of the four most popular types of personal loans and how they can help you.
All debt is not good debt and the most important thing to realize is sometimes borrowing is necessary
The best loan purpose is one for investment or to buy an asset of tangible value that won't be worthless before the end of the loan term.
The best loan type is not neccesarily the lowest interest, it is a combination of interest and fees that suits the borrower best and enables them to spend less for the total cost over the life of the loan
The best personal loan is the one which has the lowest interest rate and no unnecessary penalty charges.
by Angelo3 months ago
I am on a debt-free journey and student loans make up the bulk of my borrowings, therefore, I am interested in creating an open community-based forum that discusses ways of coming up out of debt. Inspire someone to...
by clonjaz6 years ago
I would check out your local Credit Union. It would probably be your best bet.
by Shepherd's Lamb9 months ago
I just want to discuss what's going on in my little head right now and hope to hear from those of you more educated on the subject.I qualified to buy a condo in 2004 (six years ago). I paid $6,000 cash for...
by Ralph Deeds6 years ago
I just refinanced my home mortgage today--4% for 15 years. Closing costs around $1,900. This is the lowest interest rate in 50 or so years.
by Gary Anderson7 years ago
I must warn people from Australia with one Seeking Alpha article I just put out. Hope this will stand for your benefits, since I don't make any money on Seeking Alpha articles. I know some of you are from Australia.If...
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