Common Personal Loan Traps: Fees, Rates, Oh My!

Personal loans are loans that can be borrowed from a credit union, bank, or online lender and are paid back in fixed installments or monthly payments. The typical pay back period is two to five years. Interest rates can vary on personal loans and can range from 6% to 36% for prime lenders. Many personal … Continue reading Common Personal Loan Traps: Fees, Rates, Oh My!