3 Reasons Why a LAP Is Better than a PL

Interest rates are very important factor when it comes to borrowing money. This expense can often bring havoc on your repayment plans and cause you to pull your hair out at the end of every month. When you opt for a personal loan, you could be staring down the barrel of an interest rate as high as 24%. That’s huge and it can strain your financial capabilities to the limit. However, if you opt for a LAP, you can expect an interest rate between 11 and 16%.

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