About Personal Unsecured Loan Lenders
Personal unsecured loans are offered at many financial institutions, but one of the first places to look would be at a local credit union. Get a cash advance from a major credit card company with help from a financial specialist in this free video on personal loans and money management.
Promoted By Zergnet
Hi, this is Matt McKillen with Innovative Financial Group. The question posed to me today is: What types of personal, unsecured loan lenders are there? I would say probably if you bank with a credit union, for example, that would be one of your first options to look for a personal loan. I do know that a lot of the major credit card companies -- the Visa, MasterCard companies -- a lot of times tied to your credit card account, they will also allow a cash advance for a personal type loan to be tied into your account. These are a couple of really good sources to look at. Another avenue to look for that's a personal loan would be through your employer. A lot of people will offer loans that can be taken out against their 401k. For example, if you have a 401k with your employer that's got a value of 10,000 dollars, a lot of times you can borrow up to 50 percent of it, which is really a personal loan for whatever use you want. And it's secured, basically, by your retirement account with your employer. But again, these are a couple examples of some personal loan programs that are available. And my name is Matt McKillen, and I'm with Innovative Financial Group.