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March 13, 2009
Personal loan question
I know some of you are in lending business. What is the best place to go for a personal loan for about 15K?
Thanks.
Comments
Check with the major banks. Citi, BOA, Chase, etc. I have a personal line of credit with Citi and BOA for about 25k each. Terms are 8.99% for BOA and 9.9% for CITI. I don't use them but have them as an emergency line of credit.
It may be more difficult to get today as they are starting to limit credit lines.
Posted by: Adam Dahill at March 13, 2009 12:32 PM
I found some online banking that offers them as well but I'm not sure they can be trusted.
Thank you Adam
Posted by: karo25 at March 13, 2009 12:40 PM
BE VERY CAREFULL OF GETTING A PAYDAY LOAN!!!
Do not do it. Stick to the big boys. I have heard horror stories on these payday loans.
You may be able to get one of those credit cards that will give you 0% for 1 year. Just watch out as they most likely have one of those 3% transaction fees.
Posted by: Adam Dahill at March 13, 2009 1:15 PM
You could also try your local neighborhood credit union.
Posted by: mopar at March 13, 2009 1:28 PM
Thank you. I did look into credit unions and they seem to have a bit lower interests. Also, I noticed that if you do not have an account where you take a loan the interest rate is higher. Is that normal?
What about credit.com ?
http://www.credit.com/products/loans/pl-comparison-chart.jsp
Posted by: karo25 at March 13, 2009 2:27 PM
Do you have an uncle? I wish I did...
Posted by: tybur6 at March 13, 2009 4:53 PM
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