With a personal loan term of 1000, you’re stuck with a monthly interest rate of around 5 per cent.The lowest rate you can get on Rocket loans is just 3 per cent, so you’re paying more than $1500 a month to pay for the interest on your loan.However, you might not be able to find…
On Monday, The Hill published a piece detailing how many Americans are facing a tough financial situation, with many struggling to make payments on their credit cards or other debts.“It’s been a rough year for consumers,” the piece read.“They’ve had to work harder to make ends meet, which means they’re less likely to be able…
Personal loans on the rise in India.Here’s how it compares to other countries.1.Personal loan rates are lowest in the world2.Credit score, interest rates, and fees are highest in the country3.Credit card rates are highest4.India’s credit rating is ‘AAA’5.Credit scores of more than 600,000 people are a common metric6.Inflation-adjusted per capita income is $22,5007.India has a…
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