Need a personal loan? Approved Cash can help you out.
What is a Personal Loan?
A personal loan is a broad type of loan that you can use for nearly anything. You repay these loans in fixed monthly payments plus interest over time.
Personal loans tend towards being shorter-term — with most maxing out at five-year term lengths. Long-term personal loans exist, but they’re uncommon and have higher interest rates.
Personal loans can either be secured or unsecured. Secured personal loans require collateral, but you usually get better interest rates and higher loan amounts. Unsecured loans can be harder to get and have higher interest rates, but no collateral is required.Continue reading “I Need A Personal Loan”