How much are monthly payments on a $6000 dollar loan?

Not Financial Advice: To give the exact answer for this we need to know not only that the loan is for $6,000, but how long the term of the loan is, as well as the interest rate you're paying.

As an example, a $6,000 loan over a term of 5 years, at an interest rate of 4% would mean the payments would be $110 each month and you will pay $630 in interest over the life of the loan.

Personal loans are an avenue to explore if you are looking to get your hands on money to meet various needs.

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Considering that these loans are extended for a defined term, consumers also like the enforced discipline of paying off the loan within a set time frame. Here are 10 tips for 2016 for those considering personal loans shared by

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