Consumer loans can be used for a variety of things, such as homes, cars, weddings, and vacations just to name a few. You can get a variety of interest rates and other associated fees with those loans, as well. You need to do some research to find out which loan is best for you and will fit your finances.
There are many places online that you can check out interest rates and other fees on loans, as well as check out the credit scores you need to get those loans. One of the places you need to check out is Billigeforbrukslån.no/, a place that lists the cheapest loans around. You just want to make sure that these cheap loans are not scams as you do your research.
As you do your research, make sure that you check out the Better Business Bureau, your state attorney general’s office, and online reviews before you decide which company you will go with. If you do check out these places, you will be more likely to get an honest lender and not one that will try to scam you. Remember, if it sounds too good to be true, it probably is.
Here are a few lenders that can help you to get the loan that you need. This is not a total list, there are more out there. This is just a list to get you started in the right direction.
1. PenFed Credit Union
PenFed requires a credit score of at least 650 to get started on one of their loans. They can loan up to fifty thousand dollars and begin with an interest rate of around 6.74%. They have a consumer rating of four point six stars out of five, making them one of the highest rated lenders on this list. You can use this loan to pay off anything that you need, from a wedding to a new car.
You will need a credit score of at least 670 for this lender, which can loan you up to one hundred thousand dollars. Their interest rates start out as low as 3.99% and they have a consumer rating of four point five. To learn more about interest rates and what you can expect, look here: https://www.bankrate.com/loans/personal-loans/rates/. You can buy a lot with one hundred thousand dollars, even put a good down payment on a home.
3. Marcus: By Goldman Sachs
This lender requires a credit score of 660 to obtain a loan from them. Their interest rates go as low as 6.99% for those with the best credit scores. You can only borrow as much as forty thousand dollars, but that is enough for you to buy a car or pay off some debt.
4. Happy Money
This lender wants to make you happy by requiring only a credit score of 600. Their interest rates begin at a low 5.99% for the better credit scores, and they only loan up to forty thousand dollars. Their consumer rating is a four point three, showing that consumers trust them. Again, this is enough to pay off all your previous debts, buy a car, or pay for that dream vacation.
5. Best Egg
Best Egg requires a credit score of at least 640 and they can loan you up to fifty thousand dollars. Their interest rates start out at 5.99%, but be careful, they can go up to 35.99%. They have a consumer rating of four point three stars out of five. You can do your own research to find out all about consumer ratings and what they mean for loans. Fifty thousand dollars would be enough to pay for a dream wedding.
6. Axos Bank
This lender requires a credit score of 700, which is one of the highest scores on this list. They can loan you up to fifty thousand dollars with an interest rate that begins at 7.15%. They have a consumer rating of four point two stars out of five. You can use this loan to pay for a new car or a fancy boat.
Upgrade does not disclose the credit score that you need for their loans, which probably means that you need at least a score of 600. You can get a loan of up to fifty thousand dollars, with an interest rate that starts at 6.55% but goes all the way up to 35.97%. You will need to make sure that you really need this loan to pay that higher interest rate. They have a consumer rating of four point one stars, so check out the consumer complaints.
Opportun does not disclose the credit score that you need for their loans. With such a low loan amount, your credit score can probably be as low as 600. They only loan up to ten thousand dollars, and their interest rates start out at 6.99%. Their consumer rating is a strong four out of five stars. With this amount of money, you could still take a fantastic vacation, maybe exploring our national parks.
If your credit score is lower than 600, you might check this lender out as they only require a score of 580. See here to find out how you can see your own credit scores. They can still loan you up to thirty-five thousand dollars with an interest rate of only 9.95%. Their consumer rating is only three point nine stars out of five, so make sure you check to see why their rating is so low.
10. Freedom Plus
Freedom Plus does not disclose their credit score, but it is probably around 600 as most lenders have. You can get a loan of up to fifty thousand dollars with an interest rate of 7.99%. Be careful, their interest rates go up to 29.99%, probably with the lower credit scores. They have a consumer rating of three point eight stars, so check them out carefully before you decide to do business with them.
These are just a few of the many lenders that exist on the internet, you can also go to a brick-and-mortar building for your loans. You can also do some research and find a local lender that only does business in your state.