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Personal Loans Articles | Page 5

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 person looks worriedly at their computer in their home, resting their hand on their head.
Aug. 16, 2023 | By Maurie Backman

This Could Be the Best Loan When You Need Money ASAP

Need money in a pinch? Read on to see why a personal loan could be your best option.
A couple fills out financial paperwork as they smile while leaning against a kitchen island.
Aug. 15, 2023 | By Maurie Backman

3 Times a Personal Loan Is a Seriously Bad Idea

Personal loans are a helpful tool. But read on to see when taking one out is a poor choice.
A couple looks at a pad while sitting on a couch near moving boxes
Aug. 14, 2023 | By Maurie Backman

Should You Take Out a Personal Loan to Cover the Cost of a Move?

Moving can be very expensive. Read on to see if signing a personal loan to cover a move is a good idea.
Worried-looking couple looking at a tablet together.
Aug. 13, 2023 | By Maurie Backman

Here's What Happens When You Don't Repay a Personal Loan

Not paying a personal loan could have serious consequences. Read on to learn more.
Young couple going over paperwork with female professional.
Aug. 12, 2023 | By Maurie Backman

3 Big Mistakes You Might Make When Signing Up for a HELOC

Tapping your home equity via a HELOC? Read on for some major mistakes to steer clear of.
Young woman using laptop on the couch
Aug. 9, 2023 | By Chris Neiger

These Are the Most-Googled Personal Loan Topics

Personal loans can be a good option to cover various expenses. Read on to learn more about the top personal loan topics.
A smiling man and woman driving in a car.
Aug. 8, 2023 | By Chris Neiger

3 Tips to Manage a $500 per Month Car Payment

The average monthly car payment is now $733. Read on to find out how to manage expensive car payments.
A person looking at paperwork and a laptop while standing at the kitchen counter.
Aug. 7, 2023 | By Christy Bieber

3 Great Reasons to Get a Personal Loan

Getting a personal loan could be a good idea if you are consolidating debt or avoiding more expensive borrowing. Check out these great reasons to borrow.
Couple receiving a new car keys from car salesperson.
Aug. 5, 2023 | By Maurie Backman

3 Tips to Manage a $750 per Month Car Payment

Taking on an expensive car payment? Read on for ways to make sure you don't fall behind.
A couple in an empty loft apartment planning out home improvements.
Aug. 1, 2023 | By Maurie Backman

Here's What Happens When You Use a Home Equity Loan for Something Other Than Home Improvements

A home equity loan could be a useful borrowing tool -- and you're not limited to home improvements. Read on to learn more.
Woman looking at laptop with skeptical expression.
July 31, 2023 | By Dana George

Consumers Beware: This Legal Change Is Allowing One Lender to Charge Triple-Digit Interest Rates

Consumer laws in two states favor title loan lenders. Read more to learn where consumers are at risk.
Man sitting on steps next to briefcase with head in his hands
July 30, 2023 | By David Chang, ChFC®, CLU®

Can I Get a Personal Loan Without a Job? The Answer Will Surprise You

Many people wonder if they can borrow money while unemployed. The good news is that even though it may seem difficult, it is possible. Find out how.
A salesman handing over the keys to a new car.
July 28, 2023 | By Christy Bieber

Can You Use a Personal Loan for a Car Down Payment?

Using a personal loan for a car down payment may not be allowed, and it can be a bad idea for your finances. Read on to learn why.
A stressed man sitting at a desk with his hand on his forehead.
July 26, 2023 | By Maurie Backman

The Fed Just Raised Interest Rate Hikes. How Will That Impact Personal Loans?

The Fed has opted to raise interest rates once more. Read on to see how that might affect current and future personal loan borrowers.
A bank employee showing a customer where to sign documents.
July 25, 2023 | By Christy Bieber

Here's What Happens When You Get Approved for a Personal Loan

After you're approved for a loan, you'll need to sign loan documents and have the funds deposited into your bank account. Read on for what happens next.
A young man and woman speaking with their realtor who's holding a tablet in an open house.
July 25, 2023 | By Maurie Backman

Here's What Happens When You Sell Your Home While Owing Money on a HELOC

Will a HELOC impact your home sale? Read on to find out.
Two people sitting on a bed and looking at paperwork next to an open laptop.
July 24, 2023 | By Christy Bieber

What's the Difference Between a Secured and Unsecured Personal Loan?

Both unsecured and secured personal loans allow you to borrow money to use for almost any purpose. Read on to learn how they differ.
Dismayed man sitting at a desk with his hand on his forehead.
July 24, 2023 | By Maurie Backman

3 Personal Loan Myths You Can't Afford to Believe

There's a lot of misinformation about personal loans out there. Read on to learn the truth about some big myths.
Two people driving in a car on a sunny day while looking up directions on a smartphone.
July 24, 2023 | By Christy Bieber

Does It Make Sense to Buy a Car With a Personal Loan?

Using a personal loan for a car purchase usually doesn't make sense, as a car loan can offer a lower rate. Here's what you need to keep in mind.
An African /American couple looks at each other worriedly. They sit in front of financial documents and a computer.
July 23, 2023 | By Christy Bieber

Here's What Happens if You Stop Making Personal Loan Payments

If you neglect your loan payments, you could go into default and your account could be sent to collections. Here's what you need to know.
Couple having discussion while using laptop and looking at documents.
July 23, 2023 | By Maurie Backman

Here's What Happens When You Don't Tap Your HELOC

A HELOC can be a convenient way to borrow. But what if you don't end up using it? Find out what happens.
A bride feeding cake to a her groom at an outdoor wedding surrounded by guests.
July 22, 2023 | By Christy Bieber

Does It Make Sense to Use a Personal Loan to Pay for Your Wedding?

Weddings come at a big cost, and a personal loan can make them more expensive. Read on to learn why they might be a good choice to fund a wedding.
Two people sitting at their kitchen table with an open laptop, paperwork, and a calculator.
July 20, 2023 | By Maurie Backman

The Federal Reserve Has Paused Rate Hikes. Here's What That Means for HELOC Borrowers

If you're paying off a HELOC, a pause in interest rate hikes is a good thing. Read on to see why.
Two people at home looking at a tablet and paperwork.
July 19, 2023 | By Maurie Backman

The Federal Reserve Has Paused Rate Hikes. Here's What That Means for Home Equity Loan Borrowers

A pause in rate hikes could be good news for people who are looking to borrow against their homes. Read on to see why.
A caregiver holds up a tablet and laughs with their older parent.
July 19, 2023 | By Dana George

Should You Take Out a Personal Loan to Help Support a Family Member?

If you're taking time away from the workplace to care for a loved one, you may be facing financial issues. Would a personal loan be a good idea or bad idea?