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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. You can get a personal loan from online lenders, banks and credit unions, and the funds are provided in a lump sum. This could include bank statements or pay stubs.

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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

APRIL 4, 2024

Many borrowers use them to pay for major home repairs or renovations, like finishing a basement , remodeling a kitchen or updating a bathroom. How to obtain a home equity loan Home equity loans are available through banks, credit unions and online lenders. Both funding options allow you to use the funds however you see fit.

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