What is a Personal Loan?
If you are not very familiar with loans in general, you might have no idea what a personal loan actually is. It’s undoubtedly a term you’ve heard before, but what makes a personal loan any different than other types of loans? And — most importantly — how do you actually go about getting one?
A personal loan is an unsecured loan that has fixed payments. This type of loan can be used for any need. It is important to understand the personal loan characteristics, …
Read This Article →If you’re self-employed or have a hard time proving your income for some other reason, a stated income loan or a stated income home equity loan probably sounds ideal. After all, you don’t have to bother with digging up lots of paperwork to get the money you need. Finding and providing paperwork is a time-consuming process for the average person, so it’s easy to imagine how the task could be nightmarish for someone who doesn’t have a traditional day job. If you need money urgently, you might not also not …
Read This Article →There’s a good chance that no one would question the fact that $50,000 is a lot of money. In fact, the majority of people, both middle class and below, often do not even attempt to apply for loans of this magnitude because they already have a pretty good idea that not only will they have difficulty paying it back, but also that they probably can’t get approval. While it is true that lenders often give out more than $50000 for things like mortgages, it’s not as common for them to …
Read This Article →If you are thinking about trying to take out a $15000 personal loan, the first thing that might occur to you is whether or not it can actually happen. The fact is that banks and lending offices have to weigh lots of different factors against each other before handing over this much cash, and when the economy is at it’s worst, lending offices tend to tighten up the reins even more. If your credit is good and you know you can get approval for a $2000 loan, you …
Read This Article →Getting an unsecured personal loan can be a tedious process. You usually have to fill out a lengthy loan app and then wait for an undetermined amount of time for the bank to approve your loan. If you have bad credit, the lenders might demand collateral before loaning you the money. The good news is that there is still a way for you to get an unsecured personal loan. Instant decision loans also come in unsecured form.
Traditional Loans vs. Instant Decision
While it’s true there are many advantages to …
Read This Article →If you need a $25000 personal loan, chances are good that you’re looking to make some type of big purchase like a car or something equally expensive. Regardless of your reasons for needing the money, your chances of getting approval for a loan of this amount are best if you have a good credit score. MSN Money reports that applying for any type of loan, including a large one, could hurt your credit if you already have a lot of other loans to pay on, so think about that …
Read This Article →Are you bothered about a pending expense that has no funding whatsoever? Personal loans up to $5000 can now be taken out at a lot of different sources in different forms. If it was up to us, we’d let you get want you want. But here are two things: we do not offer loans; yet we give great ideas when it comes to taking out one. If you want to take out a loan in a way that all risks are eliminated, all obstacles are removed, and all payments are …
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About The Editor
Maria Schubert is the editor of Instant-Loans.org. Originally from San Diego, Maria graduated from USC with a Bachelor's in Accounting, Certificate in Banking, and Certificate in Entreprenurship. Before joining our website, Maria spent time as a lender at a prominent Florida bank.In addition to working with our staff and contributing to Instant-Loans.org, Maria enjoys golfing, asian cuisine, thrifty shopping, the beach, and a great novel.