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Personal Loans Articles

When you're trying to get out of debt, a personal loan may be right for you. Get more information about personal loans and whether they are a good fit for your situation.

Recent Articles

Dec. 3, 2023 | By Dana George

Should You Consolidate Debt in 2024?

Americans owe more than $1 trillion on credit card debt alone. If you're carrying high-interest debt, here's how you can get out from under it.
Dec. 3, 2023 | By Maurie Backman

Personal Loans Are Unsecured. Will There Be Any Consequences if You Become Delinquent?

Falling behind on a personal loan is bad news. Read on to learn more.
Dec. 2, 2023 | By Christy Bieber

Are You Allowed to Take Out Multiple Personal Loans at the Same Time?

Taking out multiple personal loans is allowed as long as you can qualify for them. Read on to learn how to make sure you aren't getting in over your head.
Nov. 30, 2023 | By Christy Bieber

3 Reasons to Choose a Personal Loan Over a Home Equity Loan for Home Upgrades

A personal loan and a home equity loan can both be used to fund a remodel. Keep reading to see why a personal loan might be the better option.
Nov. 30, 2023 | By Christy Bieber

Can You Pay Off Your Personal Loan Early?

Paying off your personal loan early is usually permitted. Find out how to determine if it's the right financial move for you.
Nov. 29, 2023 | By Christy Bieber

Applying for Your First Personal Loan? Here's What You Need to Know

There are a few considerations to make if you're borrowing via a personal loan. Learn more about how personal loans work here.
Nov. 22, 2023 | By Maurie Backman

Should You Borrow Against Your Home to Cover Your Holiday Expenses?

Have home equity? Read on to see why tapping it for holiday purchases may not be your best bet.
Nov. 21, 2023 | By Maurie Backman

Buy Now, Pay Later vs. Personal Loan: What's a Better Option This Holiday Season?

Need to finance holiday purchases? Read on to see what your best option might look like.
Nov. 19, 2023 | By Maurie Backman

3 Problems With Personal Loans All Borrowers Should Know About

Personal loans are often hailed as a fabulous borrowing option, but they're not perfect. Read on to learn about some potential issues with personal loans.
Nov. 18, 2023 | By Maurie Backman

Should You Wait Until 2024 to Sign Your Next Personal Loan?

Personal loan rates are up. Will things change in 2024? Read on to find out.
Nov. 15, 2023 | By Chris Neiger

Americans Are Falling Behind on Their Car Payments

A record number of owners spend more than $1,000 on their monthly car payments. Read on to learn how to cope with payments that are too high.
Nov. 14, 2023 | By Ashley Maready

Buying a Used Car? 4 Mistakes to Avoid at All Costs

Cars have gotten expensive, and that even includes used ones. Learn what to watch out for when you purchase a used vehicle.
Nov. 8, 2023 | By Dana George

What Are the Monthly Payments on a $2,500 Personal Loan?

On occasion, it is necessary to borrow a relatively small sum of money. Here's how much the monthly payments would be for $2,500.
Nov. 6, 2023 | By Maurie Backman

3 Reasons a Personal Loan Is Better Than a 401(k) Loan

Need a loan? Read on to see why a personal loan may be a more optimal choice than a 401(k) loan.
Nov. 5, 2023 | By Maurie Backman

3 Reasons It Really Pays to Avoid a Personal Loan for the Rest of the Year

Thinking of signing a personal loan? Read on to see why you may want to wait until January 2024 -- or even beyond.
Nov. 3, 2023 | By Christy Bieber

Ask Yourself These Questions to Decide Whether to Take Out a Personal Loan or a Home Equity Loan

You may be able to borrow via a personal loan or a home equity loan -- but it's important to understand the differences between the options. Find out how.
Nov. 1, 2023 | By Christy Bieber

3 Steps to Take Before You Get a Personal Loan to Pay Off Credit Card Debt

It's best to approach debt payoff with a solid plan. Keep reading to learn why this applies when you're getting a debt consolidation loan.
Oct. 29, 2023 | By Dana George

This Is the Average Monthly Car Payment in 2023. How Do You Compare?

The average monthly car payment has hit a new high. Keep reading to learn where it currently stands.
Oct. 29, 2023 | By Christy Bieber

What Does Taking Out a Personal Loan Do to Your Credit Score?

A personal loan is reported to the credit reporting agencies. Take a look at what this could mean for your credit score.
Oct. 29, 2023 | By Maurie Backman

Is a Personal Loan a Good Option for Consolidating Medical Debt?

Have medical bills you're juggling? Read on to see if a personal loan is a good option.
Oct. 28, 2023 | By Christy Bieber

Can You Fund Really Big Purchases With a Personal Loan?

It is possible to finance really big purchases with a personal loan. Keep reading to learn what to consider when looking for a lender.
Oct. 28, 2023 | By Christy Bieber

Should You Pay More Than the Minimum on Your Personal Loan?

If you have a personal loan, you may have the option to make extra monthly payments. Read on to decide if that's a good idea.
Oct. 28, 2023 | By Maurie Backman

I Need $1,000. Is a Personal Loan a Good Solution?

You might need a small amount of money to cover an unexpected bill. Is a personal loan your best bet? Read on to find out.
Oct. 27, 2023 | By Maurie Backman

Should You Take Out a Personal Loan to Pay for the Holidays?

You may be tempted to borrow for the holidays. Is that a good idea? Read on to find out.
Oct. 27, 2023 | By Christy Bieber

How Quickly Could You Get the Money From a Personal Loan?

If you need money fast, will a personal loan work for you? Find out how quickly the funds can hit your bank account.
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