The Pros & Cons of Personal Loans (OVERVIEW)

➡ Best Personal Loans –

The pros and cons of personal loans—that’s what we cover in this video. Mike Adams is a personal finance expert and has a ton of experience with helping consumers with their debt problems. In this video, he explains the reasons why you should (and should not) get a personal loans. For starters, a personal loan can be a great way to consolidate credit card debt and pay a lower overall interest rate. Even more, you can take multiple different debts and merge them into one lender, so to speak. On the downside, to get a personal loan with an attractive interest rate requires you to have a good credit score. Also, there are a lot of untrustworthy lenders, so you have to make sure that you go with a reputable lender for your personal loan.

Full Article on Personal Loans:

Best Bad Credit Loans:

Best Debt Consolidation Loans:

Personal Loan Calculator:

All Person Loan Reviews:

Lightstream Personal Loans Review:

SoFi Review:


Sign Up For Bankrate Dashboard (It’s Free):

0:00 – Video Overview
1:03 – What Is A Personal Loan?
1:43 – Advantages of Personal Loans
3:40 – Downsides of Personal Loans
5:30 – Is It Right For You?

Much of the stock footage shown in this video was provided by Storyblocks and Getty Images.