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What Is A Personal Loan?

Savings Corner

Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms. A personal loan is money borrowed from a lender that can be used for nearly any purpose. You can get a personal loan from online lenders, banks and credit unions, and the funds are provided in a lump sum.

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Find out how Richard paid off $40,000 of debt

Family Balance Sheet

Many personal finance bloggers talk about having a “no spend week” – well basically I had a “no spend” five years! That meant no vacations, no new clothes, no eating out, nothing. Was there something that you gave up that you will go back to now that you are debt free?

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