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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.
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Recent Articles

A magnifying glass over words "hidden fee" with dollar bills in background.
July 9, 2025 | By Joel O'Leary

The Hidden Costs of Personal Loans (and How to Avoid Them)

Personal loans can be helpful, but surprise fees can add up fast. Here's how to spot hidden costs and keep more money in your pocket.
A smartphone showing a loan approved next to a 401k statement.
July 8, 2025 | By Jake FitzGerald

Don't Touch Your 401(k) -- a Personal Loan Might Be a Smarter Move

Thinking about raiding your 401(k) for quick cash? Learn why a personal loan could be a smarter, lower-cost move to protect your future and handle life's expenses.
A calculator, loan application, and pen on a green background.
July 8, 2025 | By Brooklyn Sprunger

Best Personal Loan Rates This Week, July 8, 2025: Rates Rise Again

Explore July 2025's best personal loan rates -- featuring low APRs, flexible terms, and fast approvals. Compare top offers and find your best match.
A flashlight shining on words "hidden fee: with dollar bills in background.
July 7, 2025 | By Joel O'Leary

Watch Out for These 4 Hidden Fees Lurking in Personal Loan Offers

Personal loans can be helpful, but hidden fees can sneak up on you. Here's how to spot them before they drain your wallet.
A mouse cursor hovering over "apply now" button with red flags and yellow warning signs background.
July 7, 2025 | By Joel O'Leary

7 Red Flags When Shopping for a Personal Loan Online

Watch out for these big red flags before accepting an online personal loan. Protect your money and avoid costly traps.
The word "loan" written in red on a piece of paper with red and yellow background.
July 6, 2025 | By Ryan Wilcox

Here's What Lenders Aren't Telling You About Personal Loans in 2025

Personal loans can be useful -- but only if you know what you're getting into. Learn the hidden fees and tricks lenders don't always explain upfront.
A loan document against a bright yellow background.
July 3, 2025 | By Jake FitzGerald

3 Reasons Savvy Borrowers Are Picking Personal Loans Over Balance Transfers

More borrowers are choosing personal loans over balance transfers to pay off debt. Here's why a personal loan might save you more and simplify your payoff plan.
A piggy bank next to piece of paper with "loan approved" stamped on it on a yellow background.
July 2, 2025 | By Joel O'Leary

Here's Why July Might Be a Smart Month to Lock in a Personal Loan

Interest rates and lending conditions may shift soon. Here's why locking in a personal loan in July could be a financially smart move.
A scale balancing cash on one side and debt on the other.
July 1, 2025 | By Brooklyn Sprunger

Best Personal Loan Rates This Week, July 1, 2025: Rates Rebound After Recent Dip

See July 2025's top personal loan rates, featuring low APRs, flexible terms, and quick approvals. Compare offers and find the best fit for your needs.
Hands exchanging money and a loan agreement awaiting signature on yellow background
June 22, 2025 | By Brooklyn Sprunger

Best Personal Loan Rates This Week, June 22, 2025: Fed Holds Steady, but Lenders Adjust

Compare the best personal loan rates for June 2025. See top offers with low APRs, flexible terms, and fast approvals -- updated weekly.
Person Looking Up Credit Score.jpg
April 13, 2024 | By Lyle Daly

Want a Lower Interest Rate on a Loan? Use This Trick to Raise Your Credit Score

Your credit score is one of the main factors in the interest rate lenders charge you. Check out a helpful move you can use to give your score a boost.
A wallet with a fan of five bills coming out of it
March 15, 2024 | By Matt Frankel, CFP®

Will Personal Loan Interest Rates Come Down in 2024?

Borrowing money has become more expensive in recent years. Is there relief on the horizon? Keep reading to find out.
A couple sit on the floor in a room with no furniture surrounded by paperwork and bills.
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.
A person pulling their car out of the driveway in front of their house.
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.
Used car with "For Sale" sign in the rear window.
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.
woman sitting at table holding a pen and looking at a calculator and a pad of paper.
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.
Family of four smiling and waving out of a car.
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.
A woman reading paperwork at a desk.
Oct. 26, 2023 | By Dana George

What Are the Monthly Payments on a $5,000 Personal Loan?

The cost of borrowing $5,000 varies, depending on the borrower's credit history. Here's how much it might cost you to borrow the money.
A mature couple sitting at a kitchen table with papers, a laptop, and a calculator.
Oct. 24, 2023 | By Matt Frankel, CFP®

Can You Get a Personal Loan to Pay Your Taxes?

You can use a personal loan for just about anything. Even paying Uncle Sam. Read on to learn how a personal loan could be the answer to your tax bill.
A man standing in his living room and looking between two pieces of paper held in each hand.
Oct. 20, 2023 | By Matt Frankel, CFP®

Is a Personal Loan a Smart Way to Get Out of Debt?

Personal loans can be excellent financial tools. Find out if one could help you get out of debt faster.
Two people looking worried while reviewing bills at their kitchen table.
Sept. 26, 2023 | By Chris Neiger

5 Ways to Keep Saving for Retirement When You're Tackling Loan Payments

America's debts are stacking up. Here's how to stay on track with your retirement if you're paying your debt down.
young bride and groom hugging in a backyard surrounded by friends
Sept. 25, 2023 | By Ashley Maready

2 Reasons Why Borrowing Money for Your Wedding Is Absolutely Not Worth It

If you've always dreamed of a fairytale wedding, you might be inclined to get a loan to cover costs. Learn why this is a bad idea.
A salesman handing over the keys to a new car.
Sept. 15, 2023 | By Robin Hartill, CFP

Car Loans Are Harder to Get Than Ever. Here Are 6 Tips for Securing Financing

As auto loan defaults rise, it's getting tougher to finance a car. Consider these six tips for getting a loan if you're shopping for a car.
A woman sitting on her couch and looking over paperwork with a tablet open on the coffee table.
Sept. 13, 2023 | By David Chang, ChFC®, CLU®

Struggling to Pay Back a Personal Loan? Here Are Four Options to Help Get You Back on Your Feet

Find out how to manage your debt better and get back on track financially. Learn the four options that can help make repaying your personal loan easier.
Older couple looking at financial paperwork
Sept. 9, 2023 | By Ashley Maready

3 Reasons You Were Turned Down for a Personal Loan

Rejection hurts, especially when you need to borrow money. Keep reading to learn why your personal loan application could be denied.