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Better Loans Mutual Review

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BETTER LOANS MUTUAL

Better Loans Mutual does not make personal loans directly. Rather, they connect borrowers with providers of auto loans. Most of the lenders who partner with Better Loans Mutual require that you:

  • Be employed (at least 90 days in your current position)
  • Be at least 18 years old
  • Be a US citizen or permanent resident
  • Have a post-tax income of at least $1,000 per month
  • Have a valid email address, home phone number, and work phone number

The total amount of your loan can be no higher than $5,000, the smallest amount of any of the sources of personal loans in our review.

When we tried calling the provided toll-free number, the message said, "Thank you for calling the Cash Request Center", not Better Loans Mutual. After entering our zip code, we were asked to enter a four-digit number representing our year. No matter what we entered, with or without the pound sign, it would not accept our information and terminated the call.

We similarly found no customer reviews of Better Loans Mutual, and no evidence that the referral service they provide is useful or even trustworthy. You'll be more likely to get the cash you need through another personal loan service, so we suggest you consider one of the more reputable, established lenders in our review.

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Personal Loans

To help you find the Best Personal Loans, TopConsumerReviews.com provides you with an in-depth Better Loans Mutual Review.

Are you in need of some cash? 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:

  • BBB rating. Does the lending company have a solid history of doing good business with its customers?
  • Loan size and rate. How much will the lending company offer? What interest rate do they charge their customers?
  • Loan application process. When applying for your personal loan, can it be completed online? Is the lending process easy and straightforward?

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!



Personal Loans In The News

Bank of America Income Rises on "Solid Loan Growth"

Its net revenue increased 4 percent to $22.8 billion, while its net interest income increased by $709 million to $11.9 billion on the back of higher interest rates as well as loan and deposit growth.

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Bank of America profit beats on lower costs, loan growth

(Reuters) - Bank of America Corp (BAC.N) reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender benefited from cost cuts, while higher interest rates and ...

Published:  Mon, 15 Oct 2018 05:02:00 GMT



Is a personal loan for you

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More consumers are turning to personal loans

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Published:  Sat, 15 Sep 2018 21:07:00 GMT



What to consider before taking out a personal loan

Personal loans can be anywhere between $1,000 and $50,000, and should only be taken out for good reasons. If you have big expenses looming, you'll want to avoid putting it on a credit card, as credit ...

Published:  Fri, 28 Sep 2018 10:10:00 GMT



Agency sees increase in personal loan use

Personal loans have surged in popularity, due in part to increasing consumer confidence and a growing array of online lenders to provide them. Credit reporting agency Experian says that personal loans ...

Published:  Sat, 15 Sep 2018 22:38:00 GMT



Indians lap up personal loans: How much should you borrow

Don't live beyond your means; take a loan that you can easily repay. Get a personal loan in less than an hour; payday loans; convert your purchases into EMIs; apply for a loan online etc. It comes as ...

Published:  Wed, 12 Sep 2018 21:44:00 GMT



Americans are splurging on personal loans thanks to fintech startups

Ten years on from the credit crisis, Americans are again piling on debt in all its varieties, from credit cards to student loans to mortgages. These days, personal loans-a category turbocharged by fin...

Published:  Tue, 24 Jul 2018 07:29:00 GMT




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