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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:

What Does “6 or 12 Months Same as Cash” Mean?

Advertisements announcing “6 or 12 months same as cash” are everywhere. It sounds like a...

Home Improvement Loans With No Equity

A home improvement loan can be a terrific way to spruce up your home, but it might feel challenging to find one that...

Should You Use a Personal Loan to Invest in an IRA Quickly?

We’ll share what an IRA is and how it works. Plus, you learn about some...

LoanDepot Personal Loans Review

LoanDepot is no longer offering personal loans according to their website. You can compare additional options through our Best Personal Loans page. LoanDepot...

Hip Replacement Surgery Cost and How to Finance It

If you’ve been suffering for years with hip pain and have run out of treatment...

The State of Personal Loans in 2018

This past decade has seen the personal loan industry grow from a fledgling, high-risk business to a booming space occupied by numerous lenders and prime borrowers....

Stakd, an Alternative to Traditional Personal Loans

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

Payday Loan Borrowers Largely Positive About the Product

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

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,...