Articles About Personal Loans

Guide to Getting a Personal Loan from a Private Company

A personal loan is an ideal solution for people who need quick cash to cover expenses due to any number of issues. They can be used for anything from bills or educational costs to major ventures such as home improvement. A personal loan from a private vs public lender poses a unique set of circumstances.

Comparing Personal Loans

As the name suggests, a personal loan is used for individual needs or wants of the borrower’s choosing. Unlike a mortgage or boat loan, it is not approved for a specific purpose. People take out personal loans to pay for vacations or weddings, for instance. Other reasons borrowers get them are to make home improvements, consolidate credit card debt, or if money is needed for a sudden emergency.

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The World of Private Loans

Private loans come in all shapes and sizes and can be used for many purposes. They are termed private because the proceeds do not come from a government entity (common with student loans), or banks and credit unions (as do many business loans).

Personal Loan Types - Smarter Loans

Types of Personal Loans

here are many types of personal loans available today which enable borrowers to choose from a wide variety of funding options. Choices include small loans from friends and family to larger loans to finance ventures such as education or starting a new business. Flexibility in lending, in addition to more financial products, makes it easy to find funds with payment terms to fit any budget.

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How do Boat Loans Work?

Boat loans provide the funds needed to purchase a new or used boat for water activities like fishing, water skiing, sailing, and sometimes, living.

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Loans for Home Renovations

Home renovation loans are ideal for the homeowner who has lived in a neighborhood they love in their perfect home for several years, but wants to improve or expand the house even more.

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Vehicle Loan Guide

Vehicle loans are a type of secured credit, meaning the vehicle is collateral to secure payment. Nevertheless, vehicle loans are extremely common in Canada.

Veteran Loans - Smarter Loans

Home Loans for Veterans

Veteran home loans come with distinct advantages for men and women who serve, or have served, in the military. These loans are also available for reservists, active duty service members, and National Guard members.

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Startup Financing Options

Like any business, start-ups need funding for short and long term business projects. Start-up loans are often vital to whether or not the business ever gets off the ground or meets with long term success.

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How to Get an Emergency Loan

Each day, thousands of people suddenly face a financial crisis that forces them to look for emergency loans. It is very stressful to get broadsided by a serious situation in which money is needed immediately but no ready cash is available.