Personal Loan Information

Some personal loan lenders charge fees when you borrow. If you need to take out a personal loan, budget for the possibility of personal loan fees including an origination fee, application fee, and late payment fees.

If you have a personal loan, you do have the option to refinance it if needed. However, it is important to find out if your current lender allows for it or if you need to find a new lender instead.

Getting a personal loan with a co-applicant can help you qualify for financing. But not every lender allows co-applicants and the co-applicant is legally responsible for the loan.

Our personal loan calculator will help you see what your monthly payment and total interest costs would be for different loans so you can determine what’s affordable.

Taking out a personal loan is similar to getting other loans. You need to find a bank or lender that meet your needs and then submit some information.

Banks, credit unions, and other lenders offer personal loans which can be used for almost anything. Repayment is usually simple and predictable.