The Benefits of Doing Your Research Before Applying for a Personal Loan
By When I got married in 2021, I had to take out a large credit card balance to cover the costs of the wedding. A few months after the wedding, I thought I could pay off the debt faster with a personal loan. As a result, I applied to the same lender my friend used, without doing my own research.[0] To my surprise, I was rejected for the loan.[0]
I was embarrassed, but this was actually a blessing in disguise. It opened my eyes to the importance of researching and finding the right lender for my personal loan.[0] I eventually found the right lender and was able to pay off my debt at a much lower rate.
Personal loans are a great way to pay off debt, but it’s essential to do your research and find the right lender. The average cost of full mouth dental implants in 2023 may be incredible, but you don’t want to be stuck paying too much for your personal loan.[1] Do your homework and find the best deal for you.
0. “What I Learned About Personal Loans — After Getting Rejected for One” Crossroads Today, 16 Feb. 2023, https://www.crossroadstoday.com/news/money/what-i-learned-about-personal-loans-after-getting-rejected-for-one/article_55dc6d6d-ee0e-5a57-91cd-af5865ac829b.html
1. “What I Learned About Personal Loans — After Getting Rejected for One” KTBS, 16 Feb. 2023, https://www.ktbs.com/news/national/what-i-learned-about-personal-loans-after-getting-rejected-for-one/article_af498119-e5ad-5d10-8161-852682aac8e2.html
