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How To Get A Personal Loan In 8 Steps

Savings Corner

The steps may vary depending on whether you’re looking for debt consolidation loans , home improvement loans, medical loans or wedding loans. Personal loan lenders may charge origination fees up to 10 percent of the amount you borrow, and the cost is typically deducted from your loan funds.

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What Is A Personal Loan?

Savings Corner

If you’re looking to get a personal loan, you’ll have to complete an application and wait for approval — a process that may take anywhere from a few hours to several days. However, some lenders may offer terms of up to 12 years on larger personal loans. The lender may be able to seize those assets if you fall behind on payments.

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Meet a Reader | Lina from Germany

The Frugal Girl

This and the fact that buying new things, restaurant visits and a lot of fancy entertainment events lost their attraction to me, especially during and after the COVID-19 pandemic. Use it for some renovation/home improvement projects and give some to a charity. I do drive, but not very often. Readers, the floor is yours!

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Great Stores Deals and Codes

Teresa's Deals

This post may contain affiliate links or sponsored content, please read our Disclosure Policy. This promotional event ends on 10/31! Save time and money on the perfect gift for every occasion and event this Fall by shopping conveniently online at GiftTree.com. This promotional event ends on 11/2/15. Hurry and shop today!

Codes 100
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Great Stores Deals and Codes

Teresa's Deals

This post may contain affiliate links or sponsored content, please read our Disclosure Policy. This promotional event ends on 10/31! Save time and money on the perfect gift for every occasion and event this Fall by shopping conveniently online at GiftTree.com. This promotional event ends on 11/2/15. Hurry and shop today!

Codes 100
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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

Family Balance Sheet

About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) Was there a particular event? I may work on buying another rental property (with cash.) The rest was our house. From start to finish it took us a very long time — I would guess 10 years.

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