In need of a large sum of cash, but don’t have the savings for it? You may want to consider taking out a personal loan. Fortunately, financial search engines like Fiona can help match you with loan offers in less than 60 seconds!
When someone is interested in taking out a loan, they may be wondering how their interest rate is calculated over the life of the loan. There are two ways interest rates are applied to a loan: variable and fixed. Unlike credit cards, which typically have variable interest rates, personal loan interest rates tend to be fixed.