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Can You Avoid Personal Loan Fees?

A personal loan can be an excellent tool to help you consolidate debt, cover a financial emergency, pay for a large expense, and more. Unfortunately, many lenders charge fees on their personal loans that either reduce the amount you’ll receive or increase your principal, costing you more money over time. Luckily, it’s possible to avoid […]

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What Is a Personal Loan Joint Account?

A personal loan is a versatile financial tool. Whether you take one out to consolidate debt, pay for a home renovation, or cover an emergency expense, it can help you meet your goals. If you’re worried you won’t qualify for a personal loan with reasonable rates or don’t think you can pay it back on […]

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Personal Loans vs. Buy Now, Pay Later: What’s the Difference?

Buy now, pay later (BNPL) programs have been around for decades but have recently gained popularity, especially during the pandemic when more consumers turned to online shopping. According to a survey by C+R Research, 51% of consumers say they used buy now, pay later services during the pandemic. With buy now, pay later, you can […]

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Lending Club Review 2022

If the name Lending Club sounds familiar, that’s because it should: it is America’s largest lending marketplace, providing over $60 billion in personal loans to over three million customers since 2007. Whether you’re looking for a personal loan to pay down debt, relocate to another part of the country, improve your home, cover medical expenses, […]

A young man sits outside as he uses his tablet to apply for a personal loan.

What Does the Fed Rate Hike Mean for Personal Loans?

For the first time since late 2018, the U.S. Federal Reserve Board has raised its target federal funds rate. If you are shopping for a personal loan, the move could make it more expensive for you to borrow. On March 16, the Federal Reserve increased the federal funds rate by a quarter-point, to a range […]