Are you looking to get a personal loan but unsure where to start well let me tell you the world of personal finance can be overwhelming but don’t fret because I’ve got you covered are you in need of a personal loan and have an excellent credit score well if you’re already a customer at U.S Bank you’re in luck this Bank provides two fantastic rate reduction options which are more than what most banks offer you can receive a 0.5 percent discount by signing up for autopay at a whopping one percent discount if
your credit score is over 800. but even if you’re not currently a U.S Bank customer it may be worth considering them for a personal loan if you have an exceptional credit score with a significant interest rate discount it could save you a lot of money in the long run however there are a few limitations you should be aware of you’ll have a reduced loan limit of twenty five thousand dollars and you can only extend your loan out to five years and unfortunately you’ll need to make a trip to a U.S bank branch to close the loan if you’re not a current customer whereas current customers can do this online from the comfort of their homes two best for investors are you tired of managing multiple Financial accounts TD Bank might be the solution you’ve been searching for not only can you consolidate all your finances Under One Roof but TD Bank also offers various investment options for you to explore however it’s essential to note that TD Bank’s full range of services is best suited for individuals with at least seven
hundred and fifty thousand dollars in assets one of the most significant benefits of TD Bank’s personal loans is their attractive rates additionally they offer a natural disaster assistance program that refunds any eligible late fees charged and defers your loan for 90 days providing much needed relief during tough times unfortunately TD Bank’s personal loans aren’t widely available across the country furthermore you can’t add any co-signers or co-borrowers to the loan meaning you’ll need to qualify on your own Merit despite these limitations TD Bank’s personal loans could be an excellent option for those seeking to consolidate their finances and explore investment opportunities three American Express have you ever received a letter inviting you to apply for an Amex loan if you have count yourself lucky if you’re in need of some extra funds you see only those who receive this exclusive invitation are eligible to apply and if you decide to take up the offer you’ll be hard-pressed to find a
lender offering a lower interest rate not only that an Amex personal loan also comes with added protection in case of unforeseen events for instance if you fall victim to a natural disaster or lose your job MX has built-in measures to help you stay afloat although the exact details of these protections are undisclosed other companies offer similar programs such as forbearance and employment assistance 4. PenFed Credit Union are you searching for a credit union that fits your needs credit unions are generally Community focused non-profit organizations but finding one with less strict membership requirements can be a challenge they offer membership to anyone who’s interested what’s more you can apply for a loan without being a member and only join if you get approved however if you do decide to take out a loan you’ll need to become a member by opening a savings account and maintaining a minimum balance of five dollars while that’s not a huge amount it could be a hassle if you’re not a
regular user on the bright side PenFed has a member discount program that offers savings on purchases with 24 different companies from FTD flower delivery to Travelers Auto Insurance best for 30-day loan guarantee are you looking for a lender with flexible options well discover has got you covered not only do they offer great rates but they also have a 30-day money-back guarantee if you have a change of heart the best part you won’t be charged any interest as long as you return all the funds however if you use the money to consolidate your debts through Discover you’ll need to repay the funds yourself if you want a refund but that’s not all discover also lets you refinance your loan with them in the future so you can take advantage of better rates when they become available however keep in mind that if you have a Discover credit card you can’t use a discover personal loan to consolidate any debt from that card finally it’s worth noting that you can’t apply for a discover personal loan with someone else so you’ll
need to meet all the qualification requirements on your own but if you do you’ll be able to enjoy all the benefits that discover has to offer thanks for watching if you enjoyed this video don’t forget to hit that like button and subscribe to our channel for more great content and if you want to stay up to date with our latest videos be sure to click the Bell icon to receive notifications also if you have any suggestions or requests for future videos let us know in the comments below we love hearing from our viewers and we’re always looking for ways to improve our content and finally if you haven’t already be sure to check out some of our other post we’ve got tons of great content on our site that we know you’ll love thanks again for watching and we’ll see you in the next post