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Business, 21.01.2021 06:40 llolo8

Lola just landed her first job out of college, and she's excited about the position. However, lola needs to make a cross-country move from Ohio to Virginia and has no savings to work with. Lola figures it will cost about $5,000 to make her move for her be job. Option 1: take out a loan for $5000 with a 20 percent interest rate from a bank. What are the pros and cons of this?

Option 2: get a loan from lending club at an APR of 24.99percent
Pros and cons of this

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