A personal loan can be a great way to fund expenses, a small business, or for virtually any other purpose. There really are no restrictions on how the funds may be used.
A personal loan is typically an unsecured consumer loan made to an individual borrower. The good news is that you don't have to have a perfect credit score to qualify for a personal loan.
Personal loans do not normally require collateral and they are extended by both banks and non-bank lenders.
The most common personal loan is an installment loan that is repaid over time with fixed monthly payments that cover both principal and interest.
The proceeds from personal loans can be used for virtually any purpose including:
Consolidate multiple loans into one loan with a single payment.
Pay off high-cost credit card debt with a flat monthly payment.
Install that new kitchen or bathroom.
Fund that major purchase
Thinking about funding a small business or startup?
Use the funds to take that dream vacation.
Get quick funds to move you and your family.
Pay for medical expenses
Use loan proceeds to pay your tax bill.
We’ve brought many of the best loan providers to one place to help you quickly and easily secure the funds you need.
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