While Universal Credit makes finding a private loan accessible even to these with broken credit, it comes with a couple of tradeoffs. First, it costs excessive APRs, well above probably the most competitive charges seen on our listing. Second, Universal Credit charges a 5.25% to 9.99% origination fee on all personal loans.

According to our knowledge on the financing strategies for this year’s home improvement projects, 46% of householders used money from savings, whereas 20% used bank cards. Only 7% of house owners refinanced an present loan, and 5% used a HELOC mortgage. We researched several companies before developing with …