Most personal loan requests — 61 percent — are aimed at helping people get some wiggle room on their debts, LendingTree found.
Consumers who applied for personal loans to manage their debts were also starting out with the highest balances. The average is $14,107 for credit card refinancing and $12,670 for debt consolidation. If you have multiple accounts, taking out a personal loan can be an opportunity to consolidate that debt into one account and possibly get a lower interest rate.
Source: Loan Digest (loandigest.net)
Can we all take out 0% interest loans to buyback our own stock ? Problem solved
I’m waiting for Alyssa_Milano to give me some of her money.
Stop spending money. 🤔
IF YOU CANNOT AFFORD IT DONT BUY IT UNLESS YOU CAN PAY OFF THE CREDIT CARD WHEN DUE
We need a national debt bailout for all Americans not just college students.
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