Need a Person Loan? How Liberty Lending Group Can Help You

man with empty pockets

Finding Personal Loan Lenders

If your pockets are a little too empty for upcoming expenses, it may be time to rethink your finances. Being a student, having mounds of debt, or just not making enough money for the time being can put a lot of people in a poor position. Luckily, personal loan lenders are more than happy to become your support during this time. There are hundreds of options to choose from when finding the best place to get a personal loan, especially for debt consolidation purposes, and no consumer should make a decision without doing their research. Working with Ś takes much of that research out of your hands. Consider these findings when making your decision, and you should find the best personal loans for your situation.

A Different Approach

All personal loan lenders seem to offer more of the same. Every browser search reveals another company boasting about how you can apply today and get paid tomorrow, but those promises are not enough. Signing a contract to work with a lending company is signing an investment into a relationship, and ‘fast and easy’ is never a good basis for any relationship. Liberty Lending Group knows that you have plenty of other worries and that you need detailed information so you can make a well-informed decision.

A Solution that Works

Liberty Lending Group is the best place to get a loan if you are looking for a personal consolidation loan that allows you to determine the terms. You can get a loan up to $100,000, and our financial relationship begins with you taking a few minutes to fill out an application online. Once approved, you can choose your repayment term — 24, 36, 48 or 60 months. The lower the repayment term, the lower the total cost of your loan, while the longer the repayment term, the lower monthly payment you will have to make. Most consumers who choose Liberty Lending Group opt for 36 months so they can make more affordable payments while keeping the total cost of the loan as minimal as possible.

A major part of securing a personal loan and agreeing to your loan lender’s terms and conditions is understanding the annual percentage rate (APR) of the loan. The APR is equivalent to interest accrued on the loan and is what increases the total money you will pay back to the lending company by the end of your repayment terms. So, for example, if you take out a $10,000 loan with 15% interest and agree to repay the loan in 48 months, you will end up paying around $280 a month and accrue around $3,300 in interest on your loan. Generally, you want to secure a loan with the lowest APR and repayment terms that are still within your budget.

Depending on your credit score, income, loan amount, repayment terms, and other financial variables, you will receive an APR between 4.49% and 29.99% with Liberty Lending Group. While the far side of this spectrum seems high, it is usually only given to people with a poor credit history and score, and many lending companies charge close to 40% APR for people in the same situation. This rate also includes no penalties for those who are able to pay off their loan early. Liberty Lending Group wants to help you succeed financially, so any and all efforts borrowers make to get out of debt are seen as a step in the right direction.

The Best Way to Fix Your Finances

Personal loans are a great debt management solution that are packed with long-term benefits. Unlike other types of loans, personal loans can be used for plenty of reasons, including consolidating or refinancing your debt, making an expensive purchase, planning home improvements, or even to pay for a medical procedure or wedding. Regardless of the reason, the benefits remain the same and can help improve your financial future.

The best personal loan lenders, such as Liberty Lending Group, will offer interest rates that are significantly lower than credit cards. Having that low interest will not only save you plenty of money in interest over the repayment terms but can also mean that you pay far fewer fees than you would with another type of financial solution. Having lower interest rates can help boost your credit score, as well. Lower payments mean more affordable payments so you can worry less about whether you can make your payments on time. By making payments on a regular basis and sticking to the conditions of the personal loan, the account will be considered a new type of credit towards your overall score and you may even see an improvement in your credit score over the next few years.

The Bottom Line

At the end of the day, a personal loan is a positive investment in yourself. With Liberty Lending Group’s customizable personal loan repayment plans, simple and streamlined application process and around the clock support, you can rest assured knowing that you have signed to work with the best place to get a personal loan. Contact Liberty Lending Group today to apply and get the financial benefits you deserve.

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