When you taking out multiple
loans over the course of several years, your loan portfolio often includes several different interest rates.
If you prefer to repay
your loan over the course of several years, then LendingClub is the better choice.
Not exact matches
Fortunately, some student
loan borrowers have access to valuable forgiveness programs that offset the burden
of paying for student debt
over the
course of several years.
When you get a traditional commercial real estate
loan, you approach a lender, receive funds and pay the
loan back to the lender
over the
course of several years.
For example, say you've taken out
several small
loans over the
course of a
year to pay for an expense here, to cover an accident there... But those payments add up.
With a personal
loan, individuals work with a lender either in person or online to secure a lump sum, which is paid back
over the
course of several months to
several years.
When you get a traditional commercial real estate
loan, you approach a lender, receive funds and pay the
loan back to the lender
over the
course of several years.
These
loans will generally act in the same way as a personal
loan — you will make fixed monthly payments
over the
course of several years.
Over the
course of the last
several years, PeerStreet's entire portfolio
of loans has earned 7 - 12 % annually after the investment fees (
of up to 1 %).