How To Find A Personal Loan Lender
Friday, January 9th, 2009
photo credit: h.koppdelaney
If you need some cash for a personal reason–such as medical bills or debt consolidation–you may be considering a Personal Loan. And they’re a good idea, since there are no restrictions on how you can use the money (unlike a car or mortgage). Although interest rates are higher than that of a Home Equity Loan or Home Equity Line of Credit, Personal Loans are available to anyone–even those who don’t own their home. To find a Personal Loan lender, try:
LOCAL BANKS
One of the best places to start is with your local bank or credit union, especially if you’re already a customer. A good banking history will make you a premium customer, making it more likely that you’ll get approved for the loan. (more…)