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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

March 4, 2019 | By Dan Caplinger

Are Personal Loans Taxable?

When you take out a loan, it's important to know the potential tax consequences. Find out everything you need to know about personal loans and taxes here.
Feb. 24, 2019 | By Lyle Daly

Can Personal Loans Be Used for Down Payments?

Want to buy a home, but don’t have enough saved for a down payment? Find out whether you can use a personal loan for a down payment and what your other options are.
Feb. 22, 2019 | By Lyle Daly

Can Personal Loans Be Used for Business?

It’s hard to build a business without money. Find out if you can use a personal loan to finance your business and how personal loans compare to business loans.
Feb. 13, 2019 | By Matt Frankel, CFP®

Don't Make These Mistakes When Applying for a Personal Loan

For the most part, personal loans are easy to understand and apply for. Just beware of these common missteps.
An adult male rubbing his temple as he looks at paperwork.
Feb. 11, 2019 | By Matt Frankel, CFP®

3 Reasons Not to Get a Personal Loan in 2019

Personal loans aren’t for everyone. Here are three situations when taking out a personal loan probably isn’t the smartest decision.
Feb. 7, 2019 | By Lyle Daly

3 Times When You Should Take Out a Personal Loan

Borrowing money is a big decision. If you’re not sure whether you’re borrowing for the right reasons, check out the three times when you should take out a personal loan.
Feb. 5, 2019 | By Lyle Daly

How to Improve Your Chances of Getting Approved for a Personal Loan

Need a loan and worried that you could get denied? Follow a few pieces of advice and you can dramatically improve your chances of getting approved for a personal loan.
Man Handing Over $100 Bills
Jan. 7, 2019 | By Lyle Daly

What Can I Get a Personal Loan For?

Are you not sure if an expense is something you can pay with a personal loan? Find out everything you need to know about what they can be used for.
Dec. 17, 2018 | By Matt Frankel, CFP®

How to Get Pre-Approved for a Personal Loan in 4 Steps

The personal loan process is rather quick and painless these days. Here’s what you need to know.
Dec. 2, 2018 | By Matt Frankel, CFP®

3 Reasons a Personal Loan Could Be Better Than Your Credit Card Debt

There are times when getting a personal loan will help you get a better interest rate and improve your credit score. Here's when a personal loan could be a better choice than using a credit card.