Remove College Tuition Remove Consumer Remove Financial Goals Remove Home Improvement
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What Is A Personal Loan?

Savings Corner

Repayment terms: Repayment timelines vary for personal loans, but consumers are often able to choose repayment terms between one and seven years. You might, for example, be offered financing by a home improvement store when you buy an appliance. However, some lenders may offer terms of up to 12 years on larger personal loans.

Debt 52
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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.) We paid for braces, college tuition for my son, and did fun stuff like traveling while we were paying off debt. What are your financial goals now? The rest was our house.

Debt 236