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Pros and Cons of Home Improvement Loans

use a personal loan for home improvements

Best Personal Loans For Home Improvement

Lender APR Loan Limit Learn More
APR:
4.99% – 17.49%
w/AutoPay
Loan Limit:
Up to $100,000
APR:
5.99% – 16.99%
w/AutoPay
Loan Limit:
Up to $100,000
APR:
18% – 35.99%
Loan Limit:
Up to $20,000
APR:
5.34% – 35.99%
Loan Limit:
Up to $100,000

*Terms are for unsecured loans and may vary for secured loans.

Americans love their homes — about 64% of us own the residences in which we live, according to the latest figures from the U.S. Census Bureau.

Personal loan or balance transfer: Which is better for consolidating debt?

personal loan or balance transfer for consolidating debt

Personal Loan Vs. Balance Transfer

If you’re suffocating under a mountain of debt, you might be wondering if consolidating debt could help your situation. Indeed, debt consolidation can be a great way to cut your interest expenses and reduce the number of bills you’re paying. It can also help you create a roadmap to get out of debt. But is a personal loan or balance transfer credit card better for debt consolidation?