But as
useful as a personal loan can be, it's also a market that attracts predatory lending.
Not exact matches
As a fellow
personal finance blogger recently described, a consolidation
loan can be a
useful tool in paying off debt.
They're choosing to give a second chance at
useful and necessary short - term
personal loans to people whom they choose
as being deserving, rather than remain tied to the strict seven - to - ten year credit bureau history.
A bad credit
personal loan is particularly
useful for applicants with thorny credit issues such
as bankruptcy or with no credit or poor credit.
Personal loans can be used for a variety of reasons, but are often touted
as useful tools for credit card consolidation since their interest rates are comparably lower.