See our editorial team’s picks for the best personal loans.
How personal loans work
Personal loans don’t often seem complicated, but you should understand several specific terms before you apply for one.
Personal loan uses
You can use personal loans for almost anything, including paying off debt and home improvements.
Personal loans by credit range
Your credit score is critical in determining eligibility for a personal loan. Before applying, check your credit score to determine whether your credit is excellent, good, fair, or poor. Compare companies that lend to borrowers in your credit range to boost your chances of approval.
Personal loan reviews
If you’re considering applying for a personal loan through a specific company, you should understand how that company operates and the repayment terms.
Latest on personal loans:
With Sunrise Banks’ credit builder loan, you get easy-to-understand loan terms with no minimum score requirement. But Sunrise only offers two loan options.
Republic Bank's Credit Builder Loan provides a way to improve your credit. But is it the right choice? We cover the pros and...
Digital Credit Union offers credit builder loans to help improve your credit and build your...
We researched 10 popular lenders’ processes to determine how long it takes to get a personal loan—and how to speed up the process.
A Kovo credit builder loan gets you access to business courses. Make on-time payments for this education—then watch your credit score grow.
When you need a personal loan, where you live can affect your choice of lenders and loan terms. Comparing personal loans by state...
It’s often best to avoid personal loans for investing because the risks are high, and it makes little financial sense. But can it...
In some cases, point-of-sale loans can offer convenient and inexpensive financing, but they can result in overspending and extra charges if you're not...
Same-as-cash financing may sound like a terrific option to cover a large purchase. But these offers can cost you if you don’t read...