Personal Loan

What’s the Difference Between a Personal Loan and a Line of Credit?

2022-12-06T20:42:19+00:00

There are two common ways to borrow money: take out a personal loan or open a personal line of credit. With a personal loan, you are provided a lump sum of money and then required to pay fixed monthly payments. On the other hand, with a line of credit, you are provided access to a set amount of money that you can draw on as you need, and pay it back over time [...]

What’s the Difference Between a Personal Loan and a Line of Credit?2022-12-06T20:42:19+00:00

What Is a Soft Credit Inquiry?

2022-10-31T12:16:03+00:00

Blog You probably understand that when you apply for a loan, the lender will check your credit report. You may also know that a credit inquiry could have an adverse effect on your credit score. However, did you know that there are two types of credit checks? One type is referred to as a “hard” credit inquiry and the other is a “soft” credit inquiry. A hard credit pull may adversely affect [...]

What Is a Soft Credit Inquiry?2022-10-31T12:16:03+00:00