With credit card interest rates soaring as high as 30%, people continue to look for alternatives to credit cards, especially when an emergency comes up.
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How you use the loan is entirely up to you. Personal loans are unsecured loans with a fixed payment schedule and payment amount. Why get a Personal Loan?
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Find Out Your Credit Score. You don’t need perfect credit to be approved for a personal loan but it is important to know your credit score before you apply.
A personal loan is an amount of money that an individual borrows to fund personal expenses. Many people use these funds to buy homes, finance cars or just pay bills.
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Some lenders will provide what's called revolving credit or a line of credit. This is a loan that borrowers can draw down when needed and pay back when it works for them.
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