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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. A personal loan is money borrowed from a bank, credit union, or other financial institution that can be used for virtually any personal expense. What Is a Personal Loan?

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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 better your credit score and debt-to-income ratio are, the higher your chances of approval and access to the best interest rates are. Consolidating Debt. Personal Loan Alternatives.

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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. LendingTree is one of the market’s premier lending platforms with a full array of financial tools and resources. A personal loan could let you access cash for any purpose.