How does providing a consumer loan apply at your credit score?

How does providing a consumer loan apply at your credit score?

Whether it is funding higher education, sharing the expenses of a wedding, or helping you sail through an unanticipated emergency, a personal loan can be a helpful way to finance many expenses that you can’t afford in one go. However, contrary to popular belief, getting an unsecured loan does not automatically have a detrimental effect on your credit score. (más…)