Personal Loans Articles | Page 2
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
Jan. 12, 2024 | By Christy Bieber
These Are the Best and Worst Reasons to Take Out a Personal Loan
Taking out a personal loan can be a smart decision in some circumstances. Keep reading for the situations where you should avoid them.
Jan. 6, 2024 | By Christy Bieber
This Is One of the Biggest Benefits of Personal Loans
Personal loans have many advantages, but a major one is that you find out your total costs and payment timeline upfront. Find out why this is such a big perk.
Jan. 4, 2024 | By Christy Bieber
5 Big Differences Between a Personal Loan and a Home Equity Loan
A personal loan and a home equity loan could both provide access to quite a bit of money, but they work differently. Find out more here.
Dec. 31, 2023 | By Christy Bieber
4 Signs You Absolutely Shouldn't Get a Personal Loan
Getting a personal loan makes sense in a lot of situations, but not always. Watch out for these indications you shouldn't take out a personal loan.
Dec. 24, 2023 | By Christy Bieber
How Fast Can You Get a Personal Loan if You Need One?
Some personal loan lenders provide same-day funding. Here's how to find the right loan under a time crunch.
Dec. 23, 2023 | By Maurie Backman
Should You Borrow Extra to Meet the Borrowing Minimum for a Personal Loan?
Personal loans can be cost-effective and convenient if you need to borrow money. Here's why you might run into issues if you only need to borrow a small amount.
Dec. 22, 2023 | By Christy Bieber
How Much More Will Your Holiday Gifts Cost if You Use a Personal Loan to Pay for Them?
Using a personal loan to pay for holiday gifts may seem like a good idea, but it'll cost you. Learn what you'll really pay if you use a personal loan for gifts.
Dec. 22, 2023 | By Christy Bieber
Should You Cosign for a Personal Loan?
Cosigning for a personal loan means putting your credit on the line. Before you do that, consider these potential consequences.
Dec. 17, 2023 | By Maurie Backman
Will Auto Loans Get Cheaper in 2024?
Borrowing is expensive right now across the board, including auto loans. Will things improve in 2024? Read on to find out.
Dec. 14, 2023 | By Maurie Backman
Personal Loan Balances Just Reached $241 Billion. Should You Sign One?
Consumers are loading up on personal loans. Read on to learn about the pros and cons of this type of borrowing.
Dec. 13, 2023 | By Maurie Backman
Before You Take Out a Personal Loan to Buy Holiday Gifts, Do This
Thinking of taking on debt during the holidays? Read on to see why you may not want to go that route.
Dec. 7, 2023 | By Christy Bieber
Adding an Extra Year to Your Personal Loan Repayment Period? Here's How Much It Could Cost You
If you add an extra year to your personal loan repayment period, you'll pay a lot more interest. See how much it could cost you to delay repayment.
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.
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