#unsecured loan company
Historically, borrowers typically had a couple of options for a personal loan. You could ask a family member, or locate a personal finance company that typically offered high, fixed-rate loans.
Today, finding a personal loan brings several more options to the table. You can still ask a family member, or get a high-rate loan from a finance company. Alternatively, you can consider using a social lending network. These networks, also called peer-to-peer loans. generally have much lower overhead and as a result can offer much lower interest rates. They’re facilitated by professional companies familiar with this type of lending, to simplify things for all parties.
No matter where you borrow money from, before you get your next personal loan you should consider the following:
- BBB rating. Does the lending company have a solid history of doing good business with its customers? Loan size and rate. How much will the lending company offer? What interest rate do they charge their customers? Loan application process. When applying for your personal loan, can it be completed online? Is the lending process easy and straightforward?
TopConsumerReviews.com has reviewed and ranked the best online personal loan providers available today. We hope this information helps you find the best loan at an affordable rate that meets your needs!
Disclosure. We pay our reviewers for their reviews. We are not compensated by companies for their reviews, but we are compensated for links and advertisements on our website. Click here for details.