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What Is A Personal Loan?

Savings Corner

DECEMBER 24, 2023

Common reasons include paying off debt, financing a large purchase such as a vehicle or a boat, or covering the cost of a major expense like a wedding or a home renovation. However, many lenders prohibit the use of personal loans to cover college tuition fees. Can anyone get a personal loan?

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What Is A Home Equity Loan?

Savings Corner

APRIL 4, 2024

Consolidating high-interest debt: If you’ve been struggling to pay off debts with high costs like credit cards, a home equity loan can make a big difference in the amount of interest you’re paying. You also don’t have to host a wedding (go to the courthouse).

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