Remove Banks Remove Collateral Remove Creditworthiness Remove Debt Consolidation
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8 Ways to Consolidate Credit Card Debt 

Credit Corp

Debt consolidation allows you to take multiple debts and combine them into one, and you can do this with your credit card debt. Doing this makes managing the debt a little easier, and you may be able to get a lower interest rate. Banks, on the other hand, generally require a good credit score to qualify.

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What Is a Personal Loan? How It Works

Credit Corp

A personal loan is money borrowed from a lender that can be used for almost any purpose, from debt consolidation to home improvement projects. Most people don’t have $5,000+ sitting in their bank accounts—that’s where personal loans come in. If you qualify for a loan, you’ll be issued a lump sum deposited into your bank account.

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What Is a Personal Loan?

Better Credit Blog

Personal loans are installment loans offered by a bank, credit union, or other financial institution to an individual borrower. The former uses collateral, commonly in the form of your vehicle title, to secure repayment of the loan. The former uses collateral, commonly in the form of your vehicle title, to secure repayment of the loan.

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Best Personal Loan Companies of 2022

Better Credit Blog

They’re great for credit card debt consolidation, home improvement projects, major car repairs, or any other cash-heavy project. A subsidiary of SunTrust Bank (now known as Truist), LightStream brings the stability of traditional banking to online lending. A personal loan could let you access cash for any purpose.