If your credit score needs work and you need to borrow money, you might be wondering about the minimum credit score for personal loans. While there isn’t a common minimum personal loan credit score used across the industry, personal loan lenders will check your credit, and your credit score will impact your APR. Your credit […] The post What Credit Score Do You Need For a Personal Loan? appeared first on The Simple Dollar. [Read More...]

Whether you’re taking out a mortgage, securing a personal loan or buying a new car, it’s important to know what your loan payments will look like so you can budget accordingly. Learning how to calculate your loan payments ahead of time can help you reduce the number of hard inquiries to your credit report so […] The post How to calculate loan payments appeared first on The Simple Dollar. [Read More...]

The growth in the online personal loans industry has made it easier than ever to apply for a loan online. Gone are the days where you had to make an appearance at a physical branch in order to get a loan, since you can now submit all relevant documentation by applying for a loan online. […] The post Online or In-Person Loans: What’s Better? appeared first on The Simple Dollar. [Read More...]

Sometimes you find yourself in a bad spot with a big bill hanging over your head. You need to scrape together some cash somehow to cover it, but where do you turn? Every year, 12 million Americans use payday loans to cover their cash flow conundrums. But payday loans just dig people deeper into the […] The post The Best Payday Loan Alternatives of January 2021 appeared first on The Simple Dollar. [Read More...]

There are times in life when you just need a little extra cash, and a personal loan can fit the bill. Perhaps, you’ve sprung a leak in the home or need to consolidate mounting debt. Your child’s tuition assistance may not have come through yet, or perhaps you need an extra boost to get through […] The post The Best $20K Loans Options appeared first on The Simple Dollar. [Read More...]

While having poor credit can feel inhibitive, online bad credit loans can be instrumental in helping to repair and build credit scores. Bad credit online loans are best for borrowers who don’t have a lot to their credit history or made a few financial mistakes in the past and are now paying for it. A […] The post Best Online Bad Credit Loans appeared first on The Simple Dollar. [Read More...]

Cosigning and co-borrowing a loan both involve someone taking legal responsibility to pay back a debt. But the two are typically used in very different situations. A cosigner is someone who signs a loan alongside someone else, agreeing to pay back the loan if the primary borrower can’t. A co-borrower is someone who signs a […] The post What’s a Cosigner vs. a Co-borrower? appeared first on The Simple Dollar. [Read More...]

Discovering personal loans for $100,000 isn’t a task to be taken lightly. Whether you’re looking for the best debt consolidation loan or getting ready to finance the RV road trip of your dreams, several lenders offer loans in this range. However, average credit borrowers won’t get approved so easily. In order to qualify for some […] The post The Best $100K Personal Loan Options appeared first on The Simple Dollar. [Read More...]

Taking out a personal loan can be a helpful way to fund a variety of financial needs, like debt consolidation, medical expenses or even everyday expenses if you’ve lost your job. Online lenders, credit unions and traditional banks all offer a variety of $10,000 personal loan options. Many of them even make it easy to […] The post The Best $10K Personal Loan Options appeared first on The Simple Dollar. [Read More...]