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Personal Loans

Align Income Share Agreement Review

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If you need money — such as to cover an emergency expense or to consolidate debt — but you’re worried about high-interest rates you might face with a personal loan, there is an alternative funding option you may consider: an income-share agreement (ISA).

An ISA doesn’t come with a set interest rate. Instead, you pay a percentage of your yearly income every year for a set number of years, paying back what you originally borrowed plus more.

Chicago-based Align Income Share Funding is one source of this type of agreement. The company has been providing ISAs since its founding in 2011. In this review, we’ll explain how Align’s ISA works and whether it might be a good fit for you.

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Align income share agreement details
 

Fees and penalties

  • Terms: Align states that its income-share agreement runs from 24 to 60 months. However, that may depend on your location.
  • Borrowing cost: Align doesn’t charge traditional interest rates on its loans. Instead, it charges a percentage of your income, no more than 10.00%. Say you make $40,000 a year. You might agree to spend 3% of your income each year to repay your loan, or $1,200. If you borrow $4,000 and you sign an agreement to pay back your loan over four years, you’d end up paying $4,800, or $800 more than what you initially borrowed.
  • Borrowing limits: Align will loan you a maximum of $12,500.
  • Time to funding: Align says that you once you sign your contract, it can deposit funds in your bank account in as little as one business day.
  • Hard pull or soft pull? Soft Pull. You can get a quote for an ISA on Align’s website and it will not impact your credit score.
  • Origination fee: Align does not charge origination fees.
  • Prepayment fee: Align also does not charge a prepayment fee. However, there is a cost for getting out of your agreement early.

There are no limits on how you can use your funds from an Align ISA. You can use the money for everything from consolidating high interest credit card debt to paying for home repairs or a dream vacation.

Align is flexible, too, when it comes to determining your income. As the company’s website states, anything listed in box No. 1 of your annual W-2 form can be considered income.

Eligibility requirements

  • Minimum credit score: Not specified.
  • Minimum credit history: Not specified.
  • Maximum debt-to-income ratio: Not specified.

Align doesn’t say much about the minimum credit scores or debt-to-income ratio you will need to qualify for an income-share contract. Their website, however, specifies that they’ll consider your income, creditworthiness, job, and location when determining whether to approve your request for funds.

How Align’s income-share agreement works

This yearly percentage is broken up into monthly payments. Say you borrow $8,000 from Align and you earn $30,000 a year. If you agree to pay back your ISA at 10% of your yearly salary for three years, you’d pay Align $3,000 a year, at $250 a month. After the three-year repayment period has ended, you’d end up paying a total of $9,000, or $1,000 more than you borrowed.

When you set up your contract, you pick a date on which you want to pay each month. Align then automatically deducts that amount from your checking account.

As your income changes, so can your monthly payment. If your income goes up, the percentage you contribute will remain the same. But because your income is increasing, the overall amount you pay will jump, too.

It works the other way, too. Align says that if your income falls, you will pay less. If you become unemployed and you have no income, your monthly payment could potentially fall to $0. If you become unemployed, you will have to submit proof that you are not working, such as a notice from your former employer or documents showing you are receiving unemployment benefits.

Applying for an income-share agreement from Align

Applying for an ISA from Align is a simple process. Just click on the “Apply Now” button on the company’s homepage. Once you do, you’ll be asked to provide your name, date of birth, Social Security number, email address, physical address and phone number.

Align will also ask for your gross yearly income, your income source and the industry in which you work. You’ll also need to provide your education level, estimated credit score, the amount you’d like to borrow and what you want the money for.

After filling in this information, you will then submit your application for an online quote. If you are interested, you can contact Align to speak with a representative who will verify your income, job status and credit. Once this is done, Align will make you an official offer stating how much it is willing to lend you and at what percentage of your yearly income. Align will also state how many months you will make payments, and how much you will pay each month and each year to pay off the money you received.

If you like the offer, you will sign your contract. Align will then deposit your funds into your bank account in as little as one business day.

Pros and cons of an Align income share agreement

Pros:

Cons:

  • No interest rates: Align doesn’t charge interest rates for its loans. However, you will have to pay a percentage of your annual income for a set number of months to pay back your loan.
  • No origination fees: Applying for a loan at Align is free. The company also doesn’t charge you for the work involved in originating your loan.
  • Protection if you lose your job: How much you pay is based on how much you earn, so you won’t have to make any payments if you lose your job and your income.
  • Applying is fast: You won’t have to meet in person with a lender to get your money. You can start the process online. You will have to speak with a representative to verify your financial information.
  • Monthly payment may change: Your monthly payment can vary because Align charges you a percentage of your gross income to lend you money. If your income fluctuates, your monthly payment will, too. This can be challenging when you are making a household budget.
  • Not everyone is guaranteed an ISA: Align looks at your credit score, income and employment status when determining who qualifies for funds. There is no guarantee of approval.
  • Paying out of your contract may be pricey: You can end your contract with Align before your term ends. This will cost you, though. Align lists in your contract the amount of money you’d have to pay to get out of your ISA early.

Who’s the best fit for Align Income Share Funding?

An Align ISA can work for people who aren’t afraid of a little uncertainty and are worried about high interest rates. Because Align charges a percentage of your income, your monthly payments can increase or decrease. If you don’t mind this uncertainty, an Align ISA might be a good choice.

This type of agreement might work, too, if you have a relatively low income. But if your income is high, or if you expect it to rise in the near future, an ISA might not be a good fit — your monthly payment could jump too high.

Alternative funding options

LendingClub

APR

10.68%
To
35.89%

Credit Req.

Not specified

Terms

36 or 60

months

Origination Fee

2.00% - 6.00%

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LendingClub is a great tool for borrowers that can offer competitive interest rates.... Read More

LendingClub is an online lender providing personal loans up to $40,000. Unlike Align, LendingClub provides traditional loans with a fixed interest rate. This means that your payments remain the same every month, a benefit when you are overseeing a household budget. LendingClub does not charge prepayment penalties, but it does have an origination fee between 2.00% - 6.00%. Anyone seeking more certainty with their loan payments should explore this option.

SoFi

SoFi
APR

5.99%
To
19.96%*

Credit Req.

680

Minimum Credit Score

Terms

24 to 84

months

Origination Fee

No origination fee

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Advertiser Disclosure

SoFi offers some of the best rates and terms on the market. ... Read More


Fixed rates from 5.99% APR to 19.96% APR (with AutoPay). SoFi rate ranges are current as of May 14, 2020 and are subject to change without notice. Not all rates and amounts available in all states. See Personal Loan eligibility details. Not all applicants qualify for the lowest rate. If approved for a loan, to qualify for the lowest rate, you must have a responsible financial history and meet other conditions. Your actual rate will be within the range of rates listed above and will depend on a variety of factors, including evaluation of your credit worthiness, income, and other factors. See APR examples and terms. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account.

SoFi is another popular source of personal loans. This online lender also provides traditional loans, with interest rates lower than many lenders because it primarily targets borrowers with great credit. SoFi charges no origination fee or prepayment fees and temporarily pauses your payments if you lose your job.

Payoff

APR

5.99%
To
24.99%

Credit Req.

640

Minimum Credit Score

Terms

24 and 60

months

Origination Fee

up to 5.00%

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Advertiser Disclosure

Payoff is a financial services firm that offers personal loans mainly to help consolidate credit card debt.... Read More


All loans are subject to credit review and approval. Your actual rate depends upon credit score, loan amount, loan term, credit usage and history. Currently loans are not offered in: MA, MS, NE, NV, OH, and WV.

Another online lender, Payoff lets you apply online for a personal loan. The company charges no application fees, and applying does not impact your credit score. You can choose a loan amount between $5,000 to $35,000 and terms from 24 and 60 months.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

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Personal Loans

What Are Medical Loans and Where Can You Find Them?

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.

Written By

Reviewed By

Medical loans are a type of personal loan used to pay for medical expenses. You’ll likely find them through online lenders, although some banks and credit unions offer personal loans that can be used to cover medical costs.

Loans for medical bills can help you pay for both planned and unexpected health care expenses, such as a scheduled surgery, ER visit or an ongoing prescription cost. They may also be able to help you consolidate medical debt into a more affordable package or pay for charges your insurer doesn’t cover, such as dental or vision services.

Despite these advantages, medical loans can be one of the more expensive ways to pay for medical needs, especially if your credit isn’t good enough to qualify for some of the best loan terms available to you. Before taking out a loan, research all your options and compare costs using our guide below.

What are medical loans?

Medical loans come as unsecured personal loans. That means they don’t require any kind of collateral, such as a house or car, in case you default on paying the loan back.

Lenders have different requirements for medical loans. In most cases, though, you’ll be able to use a loan for standard medical services and equipment, such as surgery, emergency care visits, drugs, physical therapy and long-term rehabilitation. Your loan may also help you cover less common costs, such as those for orthodontics, cosmetic surgery, dialysis and fertility treatments. Often, you can get a medical loan quickly, sometimes the same day you apply.

When you take out a loan for medical expenses, you’re given a lump sum of money that’s then repaid in fixed monthly payments plus interest. To determine your interest rate, lenders usually look at factors such as your financial history, credit score, employment status and monthly expenses compared to income.

Is a medical loan necessary?

Taking care of medical debt is important: If not addressed quickly, it can deeply damage your credit profile.

Still, before taking out a medical loan, review your medical bill for possible errors. Also,

speak with your medical provider about payment options. Some providers, like hospitals, may be able to offer you a payment plan, direct financial assistance or a discount that can be more affordable than paying interest, possibly for years, on a health care loan.

If you don’t have health insurance, you might be able to qualify for government and community programs that can help cover the cost of a necessary medical procedure. On the other hand, if the procedure isn’t urgent, consider delaying it until you’ve saved enough money.

10 reasons a medical loan may be worthwhile

  1. Emergency medical expenses
  2. Medical debt consolidation
  3. Dental work or orthodontics
  4. IVF or fertility treatments
  5. Cosmetic surgery
  6. Weight loss surgery
  7. LASIK surgery or other vision procedures
  8. Hair loss or hair replacement
  9. Chiropractic services
  10. Prescription costs
Medical loans: pros and cons

Pros:

Cons:

  • Access procedures you can’t pay for upfront
  • Consolidate medical debt to make your payments more manageable
  • Refinance medical debt to a lower interest rate
  • Build credit with on-time payments
  • Costly interest and fees
  • Good credit may be needed to qualify
  • Potential to end up in too much debt

What should I consider when comparing medical loans?

  • APR (annual percentage rate): Usually the lower the APR, the more affordable the loan.
  • Fixed vs. variable interest: A fixed rate will stay the same throughout the life of the loan, while a variable rate may change.
  • Loan terms: Longer terms mean smaller monthly payments but perhaps more interest in the end.
  • Eligibility: Your lender may not require a specific credit score but will still consider factors such as credit history, income and how well you pay back other types of debt, such as a credit card or mortgage.
  • Origination fees: You may be charged a loan origination fee equal to 1% to 8% of your overall loan amount. The fee will be deducted from your balance upfront, making the loan more expensive.
  • Loan amounts: Don’t borrow more than you need, but also make sure the lender will loan you enough money to cover your medical expense. Loan minimums may vary by state.
  • Time to funding: Check to see how long it will take to receive your funds and whether the process can be completed online, especially if you need money quickly.

6 medical loan lenders

LenderAPR rangeLoan amount
EarnestAs low as 4.99%$1,000 to $100,000
LightStream5.95% to 20.49%$5,000 to $100,000
OneMain Financial18.00% to 35.99%$1,500 to $20,000
Rocket Loans7.16% to 29.99%$2,000 to $45,000
SoFi5.99% to 19.96%$5,000 to $100,000
Upstart7.00% - 35.99%$5,000 to $30,000

Can you find a medical loan if you have bad credit?

It’s possible to find a medical loan if your credit score is not ideal. In fact, you might be able to qualify with some of the lenders mentioned above.

Here’s why: Rather than focusing just on credit scores, some lenders look at a range of information, such as your income and overall borrowing behavior. For example, Upstart will consider applicants who have a FICO® or Vanguard score as low as 620; however, it will also check to see how much debt you carry relative to income and whether you have any accounts overdue.

In general, if your credit is less than ideal, expect higher interest rates and smaller loan amounts.

3 medical loan alternatives

Payment plan

Most medical providers will work with you to set up a payment plan if you can’t pay your bill upfront. Hospital payment plans are often interest-free, and those that do charge interest may still be more affordable than a medical loan. These plans may not even involve a credit check.

Often, hospitals also offer financial assistance programs that can be used together with a payment plan. These programs provide discounts on medically necessary services for low-income and uninsured patients, which, in turn, can make the payment plan more affordable. The discounts depend on both household size and family income and are based on federal poverty guidelines.

Still, hospital payment plans have one big drawback: Because they are either low-interest or interest-free, they require a faster payback time. Medical loans usually come with loan terms of anywhere from two to seven years, but many hospital payment plans need to be paid off in one to two years. Of course, this can be an advantage if you’re trying to pay off your debt quickly and avoid interest fees, but it means you’ll see higher monthly payments.

Medical credit card

A medical credit card is a credit card for paying medical bills, and you may find them offered by your medical care provider or an independent company. You may be able to use the card to pay off medical bills over a period of years at a more attractive and often fixed rate. In some cases, the card may also come with a 0% APR promotion that lasts longer than for a regular credit card, say 24 months versus the 6 to 18 months now common.

CareCredit is a widely accepted health care credit card. It currently has no annual fee and offers promotional financing to applicants who’ve been approved for credit. You can use the card to pay for medical expenses, say, an emergency hospital visit or monthly prescription charge, as they arise. You can also use it online to access tools for finding doctors and service providers, such as medical specialists, primary care physicians and pharmacies.

Still, accessing a medical credit card that’s both flexible and convenient might not be your most affordable option for tracking medical bills. The CareCredit Card, for example, has a standard cardholder APR of 26.99% variable. That’s high compared to rates charged by some of the medical loans mentioned above.

Introductory 0% APR credit cards

An introductory 0% interest credit card may also help you pay off medical bills interest-free and sometimes over a period of a year or more. With a card like this, you won’t incur any interest charges as long as you pay off your balance before the intro period ends.

Pay attention to the terms of the introductory offer if you’re using a credit card for medical expenses. You’ll want a card with a 0% intro APR on new purchases if you have an upcoming medical expense, while a credit card with a 0% intro APR on balance transfers can help you pay off existing debt. The longer the introductory period, the better.

You’ll need good credit to qualify for an intro 0% APR credit card, and even if you do qualify, you might not be offered a high enough credit limit to cover the cost of your medical expense. If you have good credit, though, it’s worth a try, as these offers can save you money in interest. Some also come with sign-up bonuses or credit rewards that might add up quickly with a large medical charge.

FAQ: medical loans

You’ll have the best chance of qualifying for a medical loan if you have good or excellent credit, which is a FICO score of 670 or above. However, many online lenders accept personal loan applicants with credit scores in the low 600s, and a few even accept applicants with scores in the 500s.

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Personal Loans

The Ultimate Guide to Personal Loans

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.

Written By

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Personal loans are a versatile form of credit. You can use them to consolidate other high-interest debts, pay for home improvements and more. Because they usually come with fixed interest rates and repayment schedules, you know exactly how much you need to pay each month and when your debt will be paid in full.

Still, taking on any type of debt is a serious responsibility. This personal loan guide will help you learn more about how personal loans work, which pitfalls to avoid and some alternatives to consider.

Part I: Personal Loans 101

How do personal loans work?

When you apply for a personal loan, you borrow a specific amount of money — most often at a fixed interest rate — for a set amount of time. Then you pay off your balance monthly until it’s paid in full.

The terms of your personal loan will depend on your unique financial situation and your lender. The loans are typically offered in amounts ranging from $1,000 to $50,000, and potentially even higher, depending on the lender. As for the repayment period, the loans’ terms often range from one to five years, but can potentially go up to 15 years for purposes such as home improvement.

Personal loans are unsecured debt, meaning they’re not secured by an underlying investment like a home or a car. For that reason, they usually come with higher interest rates than you might get with a mortgage or auto loan.

To get a real sense of how much a personal loan will cost you, keep an eye on the annual percentage rate, or APR. It includes interest and other costs, which could include an origination fee. An origination fee is a loan processing fee that can typically be 1% to 8% of the loan amount; however, some lenders, such as Lightstream and Discover, don’t charge any origination fees at all.

Pros and cons of personal loans

Pros

  • Interest rates can be lower than credit cards. While interest rates on personal loan offers have risen lately, they can still be a good option for consolidating high-interest credit card debt, especially if your credit is top-notch. The average APR on a personal loan offer from a lender is now 11.81% for borrowers with excellent credit, and 15.61% for those with very good credit, according to recent data from parent site LendingTree; in contrast, companion site CompareCards lists the average APR on all credit accounts is 15.09%.
  • Quick access to funds. Depending on your lender, you may receive funding for a personal loan in just a day or two.
  • Predictable payments and interest. Because personal loans generally come with fixed rates and payment terms, you may not have to worry about your interest rate or monthly payment going up. That makes it easier to budget.

Cons

  • Could lead to overspending. Personal loans can be used for almost any purpose, which could lead you to borrow more than you can afford to repay each month.
  • Higher interest rates than some loan products. For example, if you have equity in your home and good credit, you may be able to get a better rate with a home equity loan or line of credit.
  • Damage to your credit if you don’t pay. Some lenders offer options for borrowers facing financial difficulties, and may work with you if you lose your job or face other financial troubles. However, your credit might be damaged if you ultimately can’t make your payments.

What you may need to qualify for a personal loan

  • Good or excellent credit. If your credit score is 640 or lower, it will likely be more difficult to get approval for a personal loan (although some personal loan companies might still work with you). By contrast, having good credit (a FICO score of at least 670) will give you more borrowing options, and a score of 740 will let you qualify for loans with the best interest rates and terms.
  • Low debt-to-income ratio. Lenders might be hesitant to lend money if your debt-to-income ratio is too high. This ratio is determined by taking your total monthly recurring debt and dividing it by your gross monthly income. For personal loans, lenders usually like to see a DTI ratio of 36% or less. Still, even with a high DTI, you may qualify for a personal loan if your credit score meets a lender’s criteria, and you have both a solid income and credit repayment history.
  • Cosigner or collateral. If you have a bad credit score, you may need a cosigner with good credit or collateral to help you qualify for a personal loan.

How to pick the best personal loan

Here are tips that can help you identify a personal loan that’s right for you:

  • Shop around with different lenders. Gather information on personal loans to compare interest rates and loan terms from various lenders.
  • Read the fine print. Make sure you understand your contract, your monthly payment and all terms and potential fees.
  • Read reviews. Reading reviews of top personal loan companies can help you gauge the quality of each lender and what your experience might be like.

Part II: Common Uses for a Personal Loan

You might be surprised to know just how many uses personal loans can have. According to an April 2020 report from LendingTree, some of the top reasons applicants seek personal loans include:

  • Credit card refinance: 32.0%
  • Debt consolidation: 31.0%
  • Home improvement: 8.5%
  • Major purchases: 5.0%
  • Car financing: 4.3%
  • Business: 1.8%

These numbers don’t mean personal loans are the right choice in every borrowing situation. Here’s some more information about potential uses, along with some pros and cons:

Common uses for personal loans

Debt consolidation

If you’re struggling to pay back several types of debt, a personal loan may let you streamline payments and pay less interest overall. One caveat: if you can qualify for one, a 0% balance transfer credit card could be a less expensive option for combining debt.

Credit card refinance

Personal loans often have lower interest rates than credit cards — just make sure you’ll actually save money after taking into account a loan’s interest rate, origination fee and repayment term.

Home improvement

If you don’t have enough equity in your home to qualify for a home equity loan or line of credit, a personal loan can help finance home improvements. It may, however, come with a higher interest rate.

Major purchase

A personal loan might cost less in interest than a credit card for that big buy of yours. Still, before taking on new debt, consider whether you really need that purchase now — or whether it would be cheaper to save up and pay cash.

Car financing

A personal loan could be an option for buying a car, but it might be easier to qualify for an auto loan, as well as pay less interest and fewer fees (a car loan uses the vehicle as collateral).

Small business financing

If you’re starting a business and aren’t yet earning money, it may be tough to qualify for a business loan. A personal loan can help get your business off the ground. One potential red flag: If your business goes under, you’ll still have to pay back the loan or risk damaging your credit.

Medical expenses

Taking out a personal loan to pay for medical expenses can keep medical bills from going to a collection agency. However, first see if your medical provider provides payment help, as many do. They may be willing to work with you to pay off your balance — and not charge interest.

Part III: Personal Loan Traps and Scams to Avoid

Here are some personal loan traps you should consider:

Advance loan fees

Occasionally, a fraudulent loan company will offer outrageous loans and loan terms with a catch: You must pay upfront fees or “insurance” to qualify.

Look out for lenders who ask you to wire funds via Western Union or MoneyGram — reputable lenders won’t ask you to pay money upfront.

‘No credit check’ loans

According to the Federal Trade Commission (FTC), a lender who isn’t interested in checking your credit is a red flag.

Steer clear of ads and websites that promise “Bad credit? No problem” or “We don’t care about your past,” the FTC cautions. These slogans usually signal a scam.

Precomputed interest

Some personal loans might come with precomputed interest, which means they use the original payment schedule to calculate interest, even if you make payments early. This forces you to pay more interest over time, even if you make larger payments or try to pay off your loan early.

Prepayment penalties

Some personal loans tack on a prepayment penalty if you pay your loan off early. And while prepayment penalties aren’t that common, they are unnecessary. Be sure to read through your loan terms to check for a prepayment penalty before you sign the agreement. If you find one, consider opting for another lender.

Part IV: Alternatives to a Personal Loan

Personal loans vs. credit cards

Credit cards can be a great deal if you pay them off monthly, as you have the potential to earn rewards.

Personal loans vs. HELOCs

A home equity line of credit (HELOC) is a revolving line of credit secured by your home. HELOCs often have lower interest rates than personal loans, and you may be able to deduct the interest if you itemize your taxes. By contrast, interest paid on your personal loan is not tax-deductible.

Personal loans vs. cash-out refinance

A cash-out refinance lets you take out a new mortgage that’s more than what you now owe, and pocket a portion of the loan as cash. It usually comes with a lower interest rate than a personal loan, but with longer terms, so you could end up paying more overall. If you’re opting for a cash-out refinance, check this calculator to determine how much you might be able to borrow, and what your new monthly mortgage payment will be.

Unsecured personal loans vs. secured personal loans

A secured personal loan requires borrowers to use an asset, like a vehicle or certificate of deposit (CD), as collateral. A lender can repossess the asset if the borrower fails to make payments, so interest rates on secured personal loans tend to be lower than those on unsecured loans.

FAQ: Personal loans

The amount you can borrow varies by lender, but generally ranges from $1,000 to $50,000.

Yes, if you use it to consolidate high-interest debts from credit cards or other loans. To get out of debt faster, make sure your new personal loan comes with a lower interest rate than you’re already paying, along with few or no fees.

Your interest rate depends on the type of loan you apply for, how much you want to borrow and the quality of your credit. While each lender is different — for example, some will work with you if your credit isn’t ideal — a FICO score of at least 670 will give you more options.

If you were denied a personal loan due to poor credit, the best thing you can do is work on improving your credit rating. Pay bills on time, pay off debt to reduce the amount of available credit you’re using and avoid opening or closing too many accounts.

Thanks to the internet, you can apply for a personal loan online and from the comfort of your home. You can also compare fees and interest rates from top personal loan companies by visiting this page.

If you apply for a personal loan, a hard inquiry will be placed on your credit report, but any negative hit your score takes will be short-lived. Your credit score will more likely take a larger hit if you borrow too much and can’t repay. On the other hand, repaying your personal loan on time, and ultimately in full, might actually help your score in the long run.

If you’re cash-strapped, this may sound tempting, but most mortgage lenders discourage it. Before approving you for a mortgage, lenders will look at your debt-to-income ratio, so taking on a personal loan to afford a down payment might actually disqualify you in the end.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

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