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Thursday, August 5th
SoFi (pronounced "SEW-fi", as in "SOcial FInance") is one of the newest sources of personal loans on the market. Their straightforward application process, user-friendly website, and lack of fees make them a very strong contender. We were especially impressed by their unemployment protection feature, which can allow members to suspend repayments on a loan when they lose their jobs. SoFi is a great lender to consider if you're looking for a personal loan.
Better Loans Mutual operates as a referral service, matching prospective auto loan customers to lenders. However, with no positive reviews and a discrepancy between the information on the site and the provided toll-free number, we can't recommend that you provide them with your contact details. We recommend you look at our higher-ranked sources of personal loans.
Historically, borrowers have had limited options for a personal loan. You could ask a family member, a friend, or find a personal finance company that offered fixed-rate loans, typically at exobrtantly high interest rates.
Today, however, finding a personal loan brings several more options to the table. While you can still ask a family member, or get a high-rate loan from a finance company, you can also consider using a social lending network. These networks, also called peer-to-peer loans, generally have much lower overhead and as a result can offer much lower interest rates. They're facilitated by professional companies familiar with this type of lending, to simplify things for all parties.
No matter where you borrow money from, before you get your next personal loan you should consider the following:
TopConsumerReviews.com has reviewed and ranked the best online personal loan providers available today. We hope this information helps you find the best loan at an affordable rate that meets your needs!
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5-year fixed personal loan rates inch up, but still cheaper than last ...
Borrowers with good credit seeking personal loans during the week of July 26, 2021 prequalified for rates that were slightly higher compared to last week's fixed-rate loans. For borrowers with credit ...
Wed, 04 Aug 2021
Personal Loans Market Research Report 2021 Based on Types And ...
As per the report published by Allied Market Research Titled “Personal Loans Market by Loan Tenure (Long-Term Loans, Medium-Term Loans, and Short-Term Loans) and End User (Individual, Small & Medium ...
Tue, 03 Aug 2021