Signature loan vs personal loan

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Signature loan vs personal loan

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Signature loan vs personal loan

However, if any lender asks for those fees in cash before giving you any money, walk away - especially if it's an online lender asking for money via wire transfer. Charging undisclosed upfront fees is illegal, and cash sent by wire cannot be traced. Limit the amount you borrow. Only borrow what you know you can pay off with your first paycheck.

Most companies will allow you to roll over the balance for several weeks or months, but they tack on fees each time you roll it over. This can result in you owing several times what you borrowed in the first place. Read the fine print.

Signature loan vs personal loan