Borrow Money On The Go

Cheapest ways to borrow money Borrowing always comes with a cost, but some types of lending are more affordable than others, especially if you have good or excellent credit (a score of 690 or higher). Here are your best options: 1. Personal loan from a bank or credit union Banks or credit unions typically offer the lowest annual percentage rates, or total cost of borrowing, for personal loans. Loan amounts range from a few hundred dollars to $50,000 or more. Some banks may provide an additional APR discount to existing customers. Perks like flexible payment options may also be offered by a bank to help you manage loan repayment.