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Personal Loans

Learn more about how personal loans work & what you can use them for, see our picks for the best personal loan lenders, and read reviews of the top lenders in the industry.

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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:

California Personal Loans: Compare Companies and Rates

Over the last several years, getting personal loans in California has become far easier for consumers....

Personal Loans in Utah: Companies, Consumer Protections, and Facts

Personal loans in Utah can be taken out through online lenders, as well as local...

Personal Loans in Tennessee: Companies, Consumer Protections, & Facts

Personal loans in Tennessee can be found through online lenders, as well as local banks...

Personal Loans in Missouri: Companies, Consumer Protections, and Facts

Personal loans in Missouri are offered by online lenders, as well as local banks. Be...

Personal Loans in Delaware: Companies, Consumer Protections, & Facts

Personal loans in Delaware are offered through a number of financial companies.

Personal Loans in Alabama: Companies, Consumer Protections, & Facts

Personal loans in Alabama can be found through online lenders, as well as local companies.

HSBC Personal Loan Review

HSBC offers personal loans to be repaid over two to five years. The bank offers a wide range of funding amounts, with extra...

How Do Personal Loans Work? A Guide for Beginners

Personal loans are incredibly versatile, but it's important to understand how they work and what...

How to Avoid Personal Loan Scams

The personal loan market has been growing at a double-digit rate over the last several years. At the beginning of 2023, more than...

Can Personal Loans Improve Your Credit Score?

It may seem counterintuitive that more debt could result in better credit, but getting a loan could boost your credit score. Here’s the...