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Is it a good idea to get a consumer loan?
Asked by unknown
1 Answers
Consumer loan can be used for just about anything. Because a consumer loan often has no collateral-it is 'unsecured'-the interest rate will probably be higher. There are also secured consumer loans if you want to lower your costs.
Where can one get a consumer loan with bad credit?
Asked by unknown
1 Answers
While consumer loans from reputable online lenders can be good options for many borrowers, you first visit your local credit union when shopping for loans. Most credit unions offer flexible loan terms and lower interest rates than online lenders, especially for people with bad credit.
Can you get a consumer loan from a credit union with bad credit?
Asked by unknown
1 Answers
To get a secured loan, you'll pledge some sort of collateral, which the credit union can take if you fail to make your payments. You don't need to pledge your house, car, or jewelry cash secured loans use money in your account to help you get approved. A cosigner can also help you get approved.