loans






 

Question by  zori (63)

Where is the best place to go for a $25,000 loan?

Is a bank better than a loan company?

 
+6

Answer by  jlynnp (12)

A bank is a better place to go for a $25,000 load because they usually have better interest rates, which will untimately affect the amount that the borrower has to pay back for the loan that they borrowed on.

 
+6

Answer by  heatherbooboo (655)

A credit union will not loan you this much money unless you have perfect credit. Leanding tree is a great place.

 
+5

Answer by  lwat80 (300)

The answer to this question would be better answered by a financial professional who was familiar with your credit situation. Generally banks have better interest rates than loan companies (who have created a bad name for themselves with high interest rates)so go and speak to the loan officer at a bank in your area or call one.

 
+4

Answer by  Jessie124 (1885)

If you have good credit, then use a bank. You will get a better interest rate and will be working with loan professionals. A loan company is good if your credit is poor or average, or if you need the money very quickly. You will most likely pay higher interest rates with a loan company though, so be careful.

 
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