Personal loans come in many different forms. In this video, we will cover the most popular personal loan types, their use, fees, and general interest rates.
Here are a few of the different personal loan types we will cover:
- Unsecured Personal Loans
- Secured Personal Loans
- Fixed-Rate Personal Loans
- Adjustable-Rate Personal Loans
- Debt Consolidation Loans
- Co-Signed Personal Loans
- Personal Line of Credit
- Wedding Loans
- Payday Loans (STAY FAR AWAY)
- Pawnshop Loans
- Credit Builder Loans
- Vacation Loans
- Medical Loans
As you can see, there are so many different types of personal loans. By the end of this video, you will know which personal loan type makes sense for your financial situation and why.
Timestamps:
0:00 Intro
0:26 Unsecured Personal Loans
0:47 Secured Personal Loans
1:04 Fixed-Rate Personal Loans
1:25 Adjustable-Rate Personal Loans
2:00 Debt Consolidation Loans
2:14 Co-Signed Personal Loans
2:58 Personal Line of Credit
3:28 Payday Loans
3:49 Pawnshop Loans
4:10 Credit Builder Loans
4:30 Wedding Loans, Vacation Loans
5:00 Medical Loans
5:20 Quick Recap
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DISCLAIMER:
SimpleMoneyLyfe is not a financial adviser. The information provided in this video is for information purposes only and should not be taken as professional advice. There are risks involved with using loans and consumers should not act upon the content or information found here without first seeking advice from an accountant, financial planner, lawyer, or other licensed professional. SimpleMoneyLyfe is not liable for any loss incurred, arising from the use of, or reliance on, the information provided by this video.
