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Digital News Report – Major banks and other lenders provide lending solutions to both homeowners and renters. Interest rates may vary according to credit history, but despite your credit record, loans may be available.
Citibank is offering personal loans from 10.49 percent to 25.49 percent. Your rate may depend on credit score.
Mutual of Omaha also offers personal loans for cars or other needs. The lender has a rate between 5.79 percent and 6.99%.
Personal loans include loans for cars, loans for emergencies and other necessities. Borrowers may be able to get a lower rate by ensuring the loan with collateral. Security could include a home, a car, a boat or other valuable.
Nationwide Bank also offers personal loans. The bank is advertising a rate of 6.45 percent. The final rate will depend on the borrowers score.
Compared to a payday loan, a personal loan could cost less money. Borrowers can also take more time to pay the loan off. There are unsecured loans for people with bad credit.
By: Tina Brown