Our Featured Partners:


My Daily Moment

  • Enter to win $10,000
  • Winning is everything!
  • No purchase or payment necessary to enter or win

Agile Health Insurance

  • Cut your health insurance costs in half!
  • Many health plan options for 99/mo or less
  • Quote & save today

American Health Insure

  • Find Freedom with free health insurance quotes
  • Fast. Simple with no obligations
  • Get a free quote

Total Visa

  • Quick and easy secure online application!
  • The Total VISA is a true VISA credit card
  • Does NOT require PERFECT credit for APPROVAL!

First Choice Auto Loan

  • Auto Financing for any credit situation
  • Get approved for a new or used auto loan in minutes regardless of your credit history.
  • Complete online application in 5 minutes

Free Credit Click

  • Get your free credit scores
  • 7 day free trial
  • Instant access to your credit score

Debt Doctor

  • Becoming debt free is right around the corner
  • Fix your financial health
  • Free up debt today

1-800 Dentist

  • Same day appointments
  • Thousands of trusted dentists
  • Emergency help available 24/7

Fresh Tax Relief

  • Solve your IRS tax debt problems
  • Resolve IRS Tax debt & save
  • Tax debt is heavy, don't carry it alone

My Online Credit Score

  • Instantly access your credit scores
  • Secure online delivery for your convenience
  • Get your credit scores for free

Click Free Score

  • 7 Day Free Trial
  • 24/7 Credit report monitoring from all 3 credit bureaus
  • Unlimited access to your credit report and score

Independence Gold Card

  • Reports to Major Credit Bureaus
  • $500 Limit
  • No employment check

Merit Platinum

  • Bad credit, no credit? No Problem!
  • Easy Terms
  • No Credit Check

Acceptance Car Loans

  • Bad credit considered
  • New & Used car loans
  • Nationwide Coverage

Yes Car Loans

  • Get accepted same day
  • Auto loans for any credit
  • 95% acceptance rate

Standard Auto Finance

  • Fast Approvals. As quick as 24 hours
  • 100% online. Secure application
  • Car loans for all makes and models!

Quick Auto Loans

  • Auto loans for any credit
  • Free, no obligation quote
  • Nationwide Coverage

Effortless Auto Loans

  • All Credits Considered
  • Cars from $0 Down
  • Quick approvals

Freedom Debt Relief

  • Settles Debts Above $15K
  • Debt Settlement & Debt Relief
  • A+ BBB Rating | AFCC Member

Accredited Debt Relief

  • Settles Debts Above $10K
  • Debt Settlement & Debt Relief
  • A + BBB Rating | AFCC Member

Even Financial

  • APR: 4.73% - 35.89%
  • Min. Credit Score: 640
  • Min. Loan Amount $1,000

Indigo Platinum Master Card

  • Choose your own card design FREE!
  • APR: 23.9%
  • Get Started Now!
Offers
Features
More Info
  • Enter to win $10,000
  • Winning is everything!
  • No purchase or payment necessary to enter or win
Apply Now

Learn More

  • Cut your health insurance costs in half!
  • Many health plan options for 99/mo or less
  • Quote & save today
Apply Now

Learn More

  • Find Freedom with free health insurance quotes
  • Fast. Simple with no obligations
  • Get a free quote
Apply Now

Learn More

  • Quick and easy secure online application!
  • The Total VISA is a true VISA credit card
  • Does NOT require PERFECT credit for APPROVAL!
Apply Now

Learn More

  • Auto Financing for any credit situation
  • Get approved for a new or used auto loan in minutes regardless of your credit history.
  • Complete online application in 5 minutes
Apply Now

Learn More

  • Get your free credit scores
  • 7 day free trial
  • Instant access to your credit score
Apply Now

Learn More

  • Becoming debt free is right around the corner
  • Fix your financial health
  • Free up debt today
Apply Now

Learn More

  • Same day appointments
  • Thousands of trusted dentists
  • Emergency help available 24/7
Apply Now

Learn More

  • Solve your IRS tax debt problems
  • Resolve IRS Tax debt & save
  • Tax debt is heavy, don't carry it alone
Apply Now

Learn More

  • Instantly access your credit scores
  • Secure online delivery for your convenience
  • Get your credit scores for free
Apply Now

Learn More

  • 7 Day Free Trial
  • 24/7 Credit report monitoring from all 3 credit bureaus
  • Unlimited access to your credit report and score
Apply Now

Learn More

  • Reports to Major Credit Bureaus
  • $500 Limit
  • No employment check
Apply Now

Learn More

  • Bad credit, no credit? No Problem!
  • Easy Terms
  • No Credit Check
Apply Now

Learn More

  • Bad credit considered
  • New & Used car loans
  • Nationwide Coverage
Apply Now

Learn More

  • Get accepted same day
  • Auto loans for any credit
  • 95% acceptance rate
Apply Now

Learn More

  • Fast Approvals. As quick as 24 hours
  • 100% online. Secure application
  • Car loans for all makes and models!
Apply Now

Learn More

  • Auto loans for any credit
  • Free, no obligation quote
  • Nationwide Coverage
Apply Now

Learn More

  • All Credits Considered
  • Cars from $0 Down
  • Quick approvals
Apply Now

Learn More

  • Settles Debts Above $15K
  • Debt Settlement & Debt Relief
  • A+ BBB Rating | AFCC Member
Apply Now

Learn More

  • Settles Debts Above $10K
  • Debt Settlement & Debt Relief
  • A + BBB Rating | AFCC Member
Apply Now

Learn More

  • APR: 4.73% - 35.89%
  • Min. Credit Score: 640
  • Min. Loan Amount $1,000
Apply Now

Learn More

  • Choose your own card design FREE!
  • APR: 23.9%
  • Get Started Now!
Apply Now

Learn More

*

Disclaimer

The advertisers on our website provide us with commissions for referring you as a customer. This does not influence any of the content we present, but may influence the rankings associated with such listings.

Further Information

Debt Settlement

Debt settlement usually entails an agreement being reached with your creditors for a single lump sum to be paid right now, in exchange for the rest of your debts being dropped. It is normally used for unsecured loans, and is associated with credit card debt. Click to compare our top debt settlement companies.

Debt Management

A debt management plan is a formal agreement that involves the terms of your loans being changed in negotiation with your creditors. This may result in lowering your payments, as well as interest loans. The emphasis with such a service is on making your debts easier to handle, rather than eliminating it immediately.

Debt Consolidation Loans

A debt consolidation loan, by definition is the combining of several unsecured debts into a single, new loan. By choosing a debt consolidation loan, you are able to repay your to only one creditor and will most likely benefit from lower interest rates. Click to compare our top debt consolidation loan companies.

Personal Loan APR

The APR on personal loans will vary depending on your lender but the APR on these loans is lower than what you would typically receive from a payday or short-term loan – usually between 10% and 35%. These loans can be a good alternative to payday loans because they are less expensive than credit cards and as mentioned previously, the APR is lower than it is on payday loans. It is not ideal to owe any money but if you require a loan, then a personal loan could certainly be a viable option.

Representative example: assuming a loan of $10,000 over 60 months at a fixed rate of 3.1% per annum and fees of $60.00. This would result in a representative rate of 3.3% APR, with monthly repayments of $180.80, for a total amount paid of $10,848.00.

Important Information on Personal Loans

While personal loans have lower APRs than payday loans, they are still a form of credit and must be paid off. In addition, there are always risks when borrowing and there are consequences if the loan is not paid off. If the loan is not paid, you may be reported to a collection agency and face financial and credit score penalties.

Financial Consequences

Regardless of the length of the loan, they all require payment. Borrowers agree to pay back the loan in a particular amount of time and if borrowers are unable to do that they will likely incur insufficient fund fees, non-payment fees, legal fees, interest and administrative fees.

Credit Score Consequences

On top of the financial costs of debt collection and personal loan fees, failure to pay off a personal loan will usually result in a negative entry in your credit history. Non-payment will usually cause your credit score to drop and other lenders and agencies will see the loan delinquency on your credit history. A delinquent personal loan on your credit history will make future loans you want to receive difficult, more expensive or even impossible to get.

Thanks for Signing up for ConsumerHacks™

You are now a certified Hacker!

Make sure you add our email to your address book: