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.

Featured post

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 content about Personal Loans:

Stakd, an Alternative to Traditional Personal Loans

Note: Stackd is no longer in operation. To see some other options that may work...

Q&A: Marlette Funding President Offers Insight on Personal Loan Market

This November, I had the opportunity to speak in a Q&A over the phone with...

Payday Loan Borrowers Largely Positive About the Product

Few financial products draw as much criticism as payday loans do.  Primarily because of high interest...

Should You Accept a Loan From Your Parents?

Today’s young adults are finding it increasingly difficult to make the transition from college frugality to real world living. They face much greater...

Should You Loan Money to a Friend or Family Member?

It is a well-established rule that lending money to family members or friends should not be...

Complete Guide to Financing Your Firearms Purchase

Gun sales in the U.S. are big business. In 2013 alone, the industry manufactured around 4.5 million...

Can You Use a Personal Loan for Treatment Centers and Rehab?

There are better alternatives to personal loans for rehab. But they’re better than not going,...

Should You Use a Personal Loan in an Emergency?

Emergency personal loans can offer fast funding and long repayment terms, but some can charge...

Karrot Personal Loans In-Depth Review

Kabbage has decided to suspend their personal loan program (previously called Karrot). Their website states that they have increased their focus on small...