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Research Indicates Consumers Pay Personal Loans Before Credit Cards, Reports that Repayment Rates are High

Christel Deskins 3 years ago
Research Indicates Consumers Pay Personal Loans Before Credit Cards, Reports that Repayment Rates are High

LendingClub (NYSE:LC), a top marketplace lender serving consumers, says two recent studies indicate that personal loan payments take priority over paying off credit cards. Of course, this is good news for LendingClub – a long time advocate of cheaper personal loans versus expensive credit card debt. LendingClub has criticized expensive […]

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