Private lenders often provide bad credit mortgages with higher interest rates
than traditional banks due to the risk typical in this kind of investment.
Not exact matches
However, if a
traditional bank or other lending alternative is willing to loan you money on better terms
than the P2P lending company (or the P2P lending company is unwilling to lend you money perhaps
due to a poor credit score), then it probably makes sense to look elsewhere for a loan.
Typically, it is advisable for those practicing self
banking strategies to utilize policy loans rather
than outright withdrawals
due to the tax issues involved; however, even if a cash withdrawal is used, the result is on par with
traditional retirement accounts.
Due in part to the low overhead that comes with being a direct online banker, Discover
Bank aims to offer higher interest rates
than traditional brick - and - mortar
banks.