7 things you need to know about personal loans
Credit: AA Finance
CATEGORY: PERSONAL FINANCE TIPS
Are you in the market for a personal loan? A personal loan can be good way to raise funds for an unexpected or unplanned-for cost. But there are some things definitely worth considering before you sign on the dotted line and receive a lump sum payment of cash. Read on for our handy 7-step guide to setting up your personal loan.
1. Is there another option?
You might think a personal loan is essential but before you proceed, it’s worth looking at your overall finances. Depending on the circumstance, you might find it’s more cost-effective to access existing savings or add finance onto an existing loan.
2. Make sure your budget works
If you do decide to proceed, the next thing to consider is whether you can afford the repayments. Accessing funds through a personal loan can be an attractive solution today...
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Apply for a personal loan from AA Finance here.