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Pave, an online lender that rewarded borrowers who used loans for self-improvement with a lower interest rate, stopped lending in June 2017.
The New York-based company focused on young borrowers who wanted to enroll in educational courses, pay down credit card debt or cover relocation expenses for a new job.
Pave did not give a reason for the change but said it is exploring strategic options.
If you are looking for a personal loan, consider these other options:
