Smart Borrower Blog

Archive for the ‘Debt Consolidation’ Category

Lenders Target Good Credit Customers for Personal Loans

Oct 15th, 2014 @ 5:34 PM by Amber Nelson

Although they have been synonymous outrageously high interest rates in the past, unsecured personal loans are not being marketed toward those with highest credit scores as a way to consolidate debt, buy cars or even do some home improvements. Total personal loan originations have jumped up to $34.5 billion during the first half of 2014, […]

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Peer-To-Peer Lending Making Market Waves

Aug 28th, 2013 @ 11:50 AM by Amber Nelson

Traditional banks are getting some serious competition these days from very non-traditional source. LendingClub Corp. and Prosper Inc., two of the largest peer-to-peer lending companies today are growing rapidly as American consumers look to become small-time bankers themselves. Both companies offer an online marketplace where borrowers and investors can connect with the click of a […]

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Go for Credit Counseling, Not Debt Settlement

May 13th, 2009 @ 8:24 PM by Amber Nelson

Dire economic circumstances bring out the desperate side of a lot of people. And there are plenty of companies ready to take advantage of that weakness. Enter debt settlement companies. They make promises that they will cut your debt in half, or otherwise greatly improve your financial situation. Many sources recently have cried foul when […]

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