loans,cash and savings




There are multiple personal loan lenders in the USA from which you can get loans quickly and with low interest rates. Applying for a personal loan is a big financial step in our life. Whether secured loan or unsecured, fixed rate or variable, for $2, 000 or $ 20,000, you will be required to meet some general eligibility criteria to take out a personal loan.










· 720 and higher: Excellent credit

· 690-719: Good credit

· 630-689: Fair or average credit

· 300-629: Bad credit

Loan security

There is a big difference between secured and unsecured loans. When you apply for a secured loan, like an auto loan or a mortgage, you provide collateral to back the loan and in case you fail to repay the loan, the lender will seize the asset. On the other hand, when you apply for an unsecured loan, one that is collateral-free, your credit score will be factored in.

Debt-to-income ratio (DTI)




Lenders use your debt and income to compute your debt-to-income ratio. More income may increase your loan approval whereas debts, such as credit cards, other loans, store cards etc., can get in the way of your loan approval.

Afinoz, a leading Indian financial marketplace, is soon going to commence its operation in the USA. For any information, education and answers about various financial products, such as personal loan, credit card, investment advisory, and much more, you can reach us at 9711996118 Or mail at rachna@afinoz.com Or you can visit our websit

Updated: June 1, 2019 — 2:23 pm

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