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Personal loans

Find out how personal loans work, what they can be used for and how to get the best interest rates and terms.

Editors' picks

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5 Personal Loan Fees to Watch Out For

Jennifer Brozic profile imageBy Jennifer Brozic
Oct 28, 2024
A woman wearing a gray blazer smiles at an elderly couple from across the table while her laptop is open in front of her.

16 Common Personal Loan Terms You Should Know

Louis DeNicola profile imageBy Louis DeNicola
Jun 14, 2024
A young man in his twenties works with his laptop in a park in springtime.

What Credit Score Is Needed for a Personal Loan?

Ben Luthi profile imageBy Ben Luthi
Jun 4, 2024

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What others are reading

A woman frowns while holding a document at home.

What Happens if You Don’t Pay Back a Personal Loan?

Not paying back a personal loan means you could have to pay penalties and fees, your credi...

Karen Axelton profile imageBy Karen Axelton
Sep 25, 2024

How Does a Personal Loan Affect Your Credit Score?

Jim Akin profile imageBy Jim Akin
May 22, 2024

How to Get Emergency Money

Emily Starbuck Gerson profile imageBy Emily Starbuck Gerson
Sep 17, 2024

Should I Get a Personal Loan to Pay Off My Credit Card?

Emily Starbuck Gerson profile imageBy Emily Starbuck Gerson
Oct 25, 2024

How to Get a Personal Loan With No Credit Check

Evelyn Waugh profile imageBy Evelyn Waugh
Jul 8, 2024

How to Get a Personal Loan: A Step-by-Step Guide

Ben Luthi profile imageBy Ben Luthi
Nov 11, 2024

Explore more topics

The latest from our experts

HELOC vs. Personal Loan: What’s the Difference?

A home equity line of credit (HELOC) is a credit line secured by your home's equity; a per...

Karen Axelton profile imageBy Karen Axelton
Jun 27, 2025

What Is a Line of Credit?

During its draw period, a line of credit lets you borrow against a set credit limit. In th...

Jim Akin profile imageBy Jim Akin
Jun 11, 2025

How to Get a Joint Personal Loan

You can get a joint personal loan by applying with a co-borrower, and may qualify for bett...

Karen Axelton profile imageBy Karen Axelton
Jun 7, 2025

Medical Loans: A Comprehensive Guide

If you have medical bills you can’t afford to pay off, here’s what you need to know about ...

Ben Luthi profile imageBy Ben Luthi
Jun 7, 2025

Can You Use Your Car as Collateral for a Personal Loan?

Using your car to secure your loan may make it easier to get the cash you need, but you co...

Jennifer Brozic profile imageBy Jennifer Brozic
Jun 7, 2025

Can You Pay Off a Personal Loan Early?

Paying your personal loan off early is an option, but is it the best option? Here's what t...

Gayle Sato profile imageBy Gayle Sato
Jun 5, 2025

Personal Loan vs. Credit Card: What’s the Difference?

Understanding the differences between personal loans and credit cards can help you make an...

LaToya Irby profile imageBy LaToya Irby
Jun 4, 2025

Secured vs. Unsecured Personal Loans: What’s the Difference?

Collateral makes a secured personal loan easier to qualify for, but an unsecured personal ...

Gayle Sato profile imageBy Gayle Sato
Jun 3, 2025

How to Prequalify for a Personal Loan

Prequalifying for a personal loan can help you gauge your ability to qualify, but it's not...

Jennifer Brozic profile imageBy Jennifer Brozic
May 29, 2025

6 Personal Loan Requirements to Know Before You Apply

Personal loans typically require a minimum credit score and annual income, collateral if y...

Brianna McGurran profile imageBy Brianna McGurran
May 28, 2025

When and How to Refinance a Personal Loan

Refinancing a personal loan might save you money, but you should weigh the pros and cons. ...

Emily Batdorf profile imageBy Emily Batdorf
May 27, 2025

What’s a Good Interest Rate on a Personal Loan?

Personal loan interest rates can vary by lender and based on your creditworthiness. Here’s...

Ben Luthi profile imageBy Ben Luthi
Apr 10, 2025

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