The Common Types of Personal Loans, Explained

Sourced from https://www.thesimpledollar.com/loans/personal/types-of-personal-loans/

A personal loan is money you borrow from a bank, credit union, online lender or another financial institution to use for a variety of reasons. It offers flexible repayment terms and fixed monthly payments. Nearly all personal loans are unsecured, which means you are not required to provide collateral. The best personal loans come with […]

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