Monthly Archives: January 2018

Personal loans can help with unexpected expenses, home improvements projects, and purchasing a car.  Did you know that personal loans may also help your credit score? Installment loan history and on time payments are ways to help raise your credit score and improve your borrowing power.  Paying your personal loans as agreed generates positive reports that are sent to credit bureaus monthly, helping you build credit worthiness. Personal loans, when used responsibly, can help boost your credit score [...]

Today, consumers have many choices when it comes to financing.  Credit cards, mortgages, home equity lines of credit, and personal loans are all options for borrowing needed funds.  Personal loans can be a convenient way to borrow money for expenses up to $25,000 and are paid in monthly installments. What is a personal loan? A personal loan, also known as an installment loan, is money borrowed from a financial institution. This is normally from a bank, credit union [...]