Unsecured Personal Line Credit

I'm trying to get back into school and currently have a govermant student loan without a fixed APR. It seems as if I've been paying it for so long and not getting anywhere. I would like to see about different options like going through my personal bank but just not sure exactly how to go about it. Your answers would be greatly aprreciated.

An unsecured line of credit can be taken as you need it or all at once. You only pay interest on the money you have actually borrowed. An unsecured loan gives you all the money up front and you pay interest on all of it.
You have to figure the difference in interest rates and how soon you will need all the money. Your banker can help you with those figures.

2008-02-26 11:42:40 by yaknow_bree

Loans Personal And Business Loans. What are personal loans. What are business loans. Can I get a personal loan. Can anyone get a business loan?

Is it a good idea to pay off a credit card with a personal unsecured line of credit? Thanks.

A line of credit allows you to make purchases, usually through your bank account and then you will have to apy it back.
A credit cards allows you to make purchases with a credit limit and is usually through a company such as Citibank ... They are very similar though.

Read this:
http://www.allbusiness.com/business-fina nce/business-loans-business-credit/906-1 .html

Good Luck!

2007-04-07 16:40:19 by dejay_web

try everything you can to not have to take out a line of credit.. you are headed down the wrong road my friend... stay away from them.. if you are trying to pay off debt.. getting more debt to stop the bleeding is not going to help.. get a second and a third job to prevent yourself from needing a line of credit.

2008-07-15 19:17:21 by 2cents worth

I need website links to lenders who process fast, unsecured by property, and that do not need personal credit report to process financing for a business acquisition- utilizing paydex score only within the United States

For small business loans / personal loans you may try following P2P - Peer to Peer (or Person to Person) sites:

They are simple and many individuals will loan you money at an interest rate you can afford.

To know more visit the link below:
http://en.wikipedia.org/wiki/Person-to-p erson_lending

Following is the list of Site / Organizations where you can
seek your money need.

1. you can seek money from
www.Propsper.com.

2. http://www.virginmoneyus.com/PersonalLoa ns/tabid/54/Default.aspx

3. http://www.lendingclub.com/

4. http://www.zopa.com/

5. https://www.fygo.com/

6. Coming soon:
http://www.loanio.com/

Please note that you should provide a good, honest and detailed reasoning about Why you need money and how and when will you replay it.

Finally here is a nice article with some reviews.
http://reviews.cnet.com/4520-3000_7-6530 959-1.html

Good Luck.
-N

2008-01-02 12:15:04 by sbhelgirl21

I have been looking for a personal line of credit or a loan that doesn't require principal + interest repayments. I am looking to repay the full amount in 6 months or 1 year's time. I have been having trouble with obtaining loans as I seem to have wrecked my credit score by "shopping" for the right rate; however I clear my credit card bill monthly and have never taken out a loan before. Does anyone have such an unsecured revolving line of credit to recommend? Though expensive but I might have to resort to putting it on my credit card...

Apply for a line of credit from your bank.

Good Luck!

2007-06-12 16:20:20 by helloimuseless