Fintech analysts report that the "online money borrow" trend is aligning with consumer credit growth, supporting upward revisions in sector P/E ratios. This could position leading digital lenders for sustained rallies over the next two reporting cycles. Additionally, home equity loans and HELOCs are the only equity borrowing tools in which you can deduct the interest paid from your taxes if used for eligible home repairs and improvements . Not only will that reduce your tax bill for the years in which the funds were utilized, but it can help make concerns over today's rates less pressing if you know that you'll essentially be getting that money back once tax season rolls around. Current OneMain Customers: Loan offers presented to a consumer assume the individual has no active loan with OneMain or one of its affiliates. If a customer applies for a new loan offer, a OneMain representative will discuss available options.
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