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Rebuilding Your Finances: Credit Cards After Bankruptcy | Credit Tips

Sawin & Shea

Bankruptcies can impact your credit, but you can take steps today to rebuild your creditworthiness. An unsecured credit card does not require collateral to obtain approval. With an unsecured credit card, the lender assumes the risk of lending money to the borrower without any collateral in case the borrower defaults on their payments.

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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. You have to receive a personal loan through an authorized lender, typically a bank or credit union. This can range anywhere from months to years, depending on the lender and your needs.

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Business Credit and Loan Resources for Veterans

The Kaplan Group

Depending on the loan type, you may need to meet some financial qualifications, including: Have a healthy credit score Demonstrate a solid business history (For new businesses) share a detailed business plan Potentially offer up collateral. They may even know about some local lenders that are happy to do business with veterans.

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Best Personal Loan Companies of 2022

Better Credit Blog

Instead of funding loans, LendingTree connects borrowers with lenders through its online marketplace. You can also borrow for just about any purpose: education, home improvement, debt consolidation, recreation, and even secured auto loans. But unlike LightStream, Marcus by Goldman Sachs has eliminated its lender’s fees.