Carrying debt is expensive, with interest rates, charges, fees, penalties and annual dues. Figure out how to pay off your credit cards and other loans. Focus on the highest interest rate debts first and call your lenders to ask for a rate reduction. Consider transferring debt to no interest rate cards - but read the fine print carefully. If you are overwhelmed, you can look into credit counseling services or debt consolidation. Make sure you research your options carefully to find a company that has your best interest at heart.

Although these big changes can be overwhelming, they will have a big impact. However, there are small daily changes you can make to create a brighter financial future.

Think about why you are in a bind and need to borrow money now.

Lowest personal loan interest rate 2015

Borrowers online have a dizzying amount of choices for payday loans, said Feltner. One of the biggest concerns is that those loans are not all regulated -- they dont always comply with consumer protection laws in the states where they operate. The online lending industry says small-dollar loans can be helpful for people who dont qualify for traditional forms of credit.

Since the financial crisis, banks have tightened their lending requirements, said Peter Barden, a spokesman for the Online Lenders Alliance, a lobbying group.

For consumers in need of a couple thousand dollars to make ends meet, they have nowhere else to go. Payday loans, which are generally for small amounts of money (usually between 100 and 1,000), are designed to help people make lowest personal loan interest rate 2015 to their next paycheck. Most of the time, you dont need good credit to be approved for a loan: Lenders generally ask only for your Social Security number, employment information and a post-dated check, which theyll cash on your next payday.

Lowest personal loan interest rate 2015

Reasons for needing money range from critical automobile maintenance, unexpected medical expenses, much needed family vacation, basic home improvements, etc.

Whatever your reason, we respect your privacy. Thus, we work with lenders familiar with your situation and are ready to help. Important Disclosures. Please Read Carefully. This service is not available in all states.

If you request a loan in a particular state where such loans are prohibited, or in a location where WhiteRockLoans. com does not have an available lender, you will not be connected to a lender. In some cases, you may be given the option of obtaining a loan from a tribal lender.

Lowest personal loan interest rate 2015