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Personal Loans Articles | Page 4

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 couple smiles as they pay bills online at the kitchen table.
March 25, 2023 | By Dana George

Here's What Happens to Your Loan Debt When You Get Married

Marriage is all about joining two lives. However, here's what happens when old debt enters a new marriage.
A woman sitting on the couch in her living room reading paperwork in her hand.
March 17, 2023 | By David Chang, ChFC®, CLU®

Suze Orman Says There's 'One Unifying Principle' to Being a Smart Borrower. Here's What It Is

Suze Orman's unifying principle of being a smart borrower is good advice for everyone. Let’s take a closer look.
A young woman with a laptop and papers talking on the phone.
March 15, 2023 | By Matt Frankel, CFP®

3 Tips for Comparing Personal Loans in 2023

Shopping for a personal loan? Here's how to find the best fit for you.
A mature woman smiles while sitting at her table. She is holding a cellphone and a credit card.
March 12, 2023 | By Ashley Maready

Instead of Taking Out a Loan to Pay Debt, Do This First

Are you struggling to manage multiple debt payments? Read on to find out why it pays to consider a 0% APR credit card to simplify your payoff.
A smiling person in a car receives car keys.
March 11, 2023 | By Matt Frankel, CFP®

Buying a Used Car to Save Money? This One Thing Could Derail Your Plan

Can buying a used car save you money? Yes, but not as much as you might think. Read on to find out why.
A young couple looking up information on a laptop while sitting in their kitchen.
March 4, 2023 | By Ashley Maready

6 Pros and Cons of Installment Loans

Ever taken out a personal loan, mortgage, or auto loan? These are installment loans. Keep reading to learn why they can be both good and bad for your finances.
A man sitting at a desk and placing payment for a bill in an envelope.
Feb. 27, 2023 | By David Chang, ChFC®, CLU®

Is a Personal Line of Credit Better Than a Loan?

A personal line of credit can be a useful way to access money. Read on to see if it is right for you.
A military veteran meets with a loan officer in an office.
Feb. 27, 2023 | By David Chang, ChFC®, CLU®

TitleMax Ordered by CFPB to Pay $10MMM for Unlawful Title Loans and Violation of Consumer Rights

TitleMax was hit with a second multimillion dollar penalty. Read on to find out how you can protect yourself from predatory lenders like TitleMax.
Man in blue checked shirt looks thoughtful with phone in one hand and credit card in the other.
Feb. 27, 2023 | By Ashley Maready

Here's What Happens When You Take Out a Credit Card Loan

If you need to borrow money, you might consider a credit card loan. Read on to find out what you should know before you proceed.
Young woman looks into distance with office in background.
Feb. 26, 2023 | By Dana George

What's Peer-to-Peer Lending? It May Not Be What You Think

Peer-to-Peer (P2P) lending tends to appeal to borrowers with low credit scores. Here, we cover why that can make a P2P loan an expensive option.
A woman speaking with a salesman about buying a car .
Feb. 20, 2023 | By Ashley Maready

Here's What Happens When You Don't Pay Your Auto Loan

If you're having trouble paying your bills, you have options. Keep reading to learn how to manage a car bill you can't afford.
A man sitting at a desk and placing payment for a bill in an envelope.
Feb. 17, 2023 | By Emma Newbery

Top Banks Preparing for an Increase in Loan Delinquencies

TransUnion predicts delinquencies will rise to levels we haven't seen in over a decade this year. Find out how you can avoid falling behind with payments.
Smiling friends having coffee in a cafe.
Feb. 8, 2023 | By David Chang, ChFC®, CLU®

This App Can Help You Loan Money to Family and Friends. But Should You?

Want to lend money to friends or family but worried about how to set it up? Read below to learn more about a new app that may be the answer.
A family and their dog in a car on a road trip.
Feb. 4, 2023 | By David Chang, ChFC®, CLU®

Car Payments for Many Americans Are Now More Than $1,000 per Month. Here's How to Stay Ahead of Your Loan Payment

With car prices hitting an all-time high and interest rates rising, car loans are becoming unaffordable. Check out ways to lower your monthly payment.
A young professional woman looking thoughtfully out an office window while holding a phone.
Feb. 4, 2023 | By David Chang, ChFC®, CLU®

5 Reasons You Shouldn't Rely on Your 401(k) Loan to Pay Off Your Debt

If you have a 401(k), it can be tempting to take advantage of the generous loan terms. Read on to find out why it's a bad idea.
A man looking stressed while going through his bills next to his open laptop.
Feb. 2, 2023 | By Ashley Maready

What Is the Debt Snowball Method? It's Not What You Think

The thought of debt "snowballing" might sound a little scary. Keep reading to learn what this term really means -- and how it can help you.
A man looks at his phone, puzzled.
Jan. 29, 2023 | By Dana George

Why This Type of Loan Is the Biggest Scam

Payday loans are a type of predatory lending, taking advantage of those in need. Keep reading to learn what makes these loans dangerous.
A man standing at the counter in his sunny kitchen and typing on his laptop.
Jan. 19, 2023 | By Lyle Daly

5 Pros and Cons of Online Personal Loan Lenders

Personal loan applicants don't need to visit a lender in person anymore. Learn about the pros and cons of online personal loans to see if they're right for you.
A man looking through paper bills while sitting on a couch in front of a laptop.
Jan. 10, 2023 | By Ashley Maready

4 Ways to Tell if Debt Consolidation Will Work for You

Are you considering consolidating your debts via personal loan or balance transfer card? Read on for help deciding.
Couple dismayed by document in hands.
Jan. 9, 2023 | By Dana George

Interest Rates for 5-Year Personal Loans Have Fallen. Here's What That Means for You

A personal loan can be an effective way to pay off existing high-interest debt. Keep reading to learn if it's right for you.
A man on a phone call while sitting in front of his laptop.
Jan. 4, 2023 | By Ashley Maready

Want to Pay Off Your Loans Faster? Tori Dunlap Says Do This

Got a car loan or personal loan you want to pay off sooner? Read on to learn the strategy to use.
A young couple looks unsure about signing a financial document in a financer's office.
Dec. 23, 2022 | By Emma Newbery

These 4 Utah Banks Are 'Exporting Predatory Lending' Across America

Predatory lenders are getting around state rules and charging high APRs nationwide. Find out how you can protect yourself.
A woman sitting in the driver's seat of a new car and talking to a salesman through the window.
Dec. 18, 2022 | By David Chang, ChFC®, CLU®

These Are the Best Ways to Finance a Car Purchase in 2023

Buying a car is a huge investment and one that can often be difficult to finance. Here's how to do it in 2023.
A woman looking over her bills with a laptop and notepad at her kitchen table.
Dec. 15, 2022 | By Dana George

4 Ways to Consolidate Your Personal Loans in 2023

Total U.S. household debt hit $16.5 trillion in 2022. Keep reading to learn how consolidation can help you wipe your debt away.
An adult male rubbing his temple as he looks at paperwork.
Dec. 7, 2022 | By Dana George

Consumers Beware: This Loan Can Charge Interest of More than 100%

There are few business models more mercenary than car title loans. Here's how they operate and how you can avoid becoming a victim.