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Difference between a personal loan and a line of credit

Annual Percentage Rate (APR) is a measure of the cost of credit, expressed as a nominal yearly rate. It relates to the amount and timing of value received by the consumer to the amount and timing of payments made. We cannot guarantee any APR since we are not a lender ourselves.

An APR can generally run between 6 up to 35. Loan products general have a 2-month minimum repayment term and a 84-month maximum repayment term. Before accepting a loan from a lender within our network, please read the loan agreement carefully as the APR and repayment terms may differ from what is listed on this site. Repayment Terms. Loans include a minimum repayment plan of 2 months and a maximum repayment plan of 84 months.

Difference between a personal loan and a line of credit

We have a great variety of financial options, starting from short-term loans online and ending with business loans and mortgages. Just choose the loan you need and let us handle your trouble.

Our service is quick and trouble-free, its completely online, and available 247. All customers can use our help whenever it's convenient for them. If you need emergency loans to pay for your rent, an Internet connection is all you need. DISCLAIMER: PersonalMoneyService.

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Difference between a personal loan and a line of credit