Is Fiona the Solution to Your Debt Problems?
If you are so broke that you had to cancel all of your paid content subscriptions, there are worse things you could watch on YouTube than the series of videos about Fiona, a hippopotamus who lives at the Cincinnati Zoo. Fiona’s existence is something of a miracle, not only because she is one of only a few hippos ever born in the United States, but also because she was born prematurely, and the zookeepers had to act quickly to build a hippo nursery and seek the advice of the doctors at the human NICU about how to take care of a preemie. No matter how stressed you are about money, it’s hard not to smile when you see a zookeeper feed the newborn Fiona a bottle of Pedialyte, or when Fiona celebrates her first birthday by catching a watermelon in midair and crunching it with her powerful jaws. Fiona the hippo can temporarily take your mind off your financial worries, but she cannot help you pay off your debts. For that, you need money, and there is another Fiona that can help you find it, but neither Fiona is an adequate substitute for a Jupiter debt lawyer.
Meet Fiona, the Personal Loan Search Engine
Fiona is a website where people can research personal loans without going through the credit check process that many loans require. It is helpful to research available loans before you apply, because the credit check involved in the application process can lower your credit score, even if you don’t get approved for the loan. Searching for loans with Fiona is much less time-consuming than filling out entire loan applications. The only information you must enter is your zip code, your credit score, and the amount you want to borrow. You must also answer a multiple-choice question about the purpose of your loan. Based on your responses, Fiona will suggest loans for which you may qualify and provide information about the costs associated with borrowing them.
Fiona Is Not a Miracle Cure for Debt
Fiona does not lend you money or enable you to bypass the loan application process. You still have to apply for loans, and that means telling lenders more of the ugly truth than Fiona asked you about. Fiona only makes educated guesses about the loans for which you may qualify. Once you tell the lender how little your job pays you or how much your rent costs, the lender may decide that it is too risky to lend you the money.
Personal Loans Are Also Not a Miracle Cure for Debt
Even if you get a personal loan, you still have to pay it back. It may charge you less interest than a credit card or payday loan, but you still have to make payments on it every month, despite how little your job pays you and how much your rent costs.
Work With a Debt Lawyer About Personal Loans
A South Florida debt lawyer can help you decide whether a personal loan will get you out of debt or whether you need to file for bankruptcy. Contact Nowack & Olson, PLLC in Jupiter, Florida to discuss your case.