Personal Loans
Learn more about how personal loans work, what you can use them for, compare our picks for the best personal loan lenders, and read reviews of the top lenders in the industry.
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.
- Timeshare Loans
- Loans Using Your Car as Collateral
- Loans That Accept Chime
- Legal Loans
- Long-Term Personal Loans
- Home Improvement Loans
- Debt Consolidation Loans
- Medical Loans
- What Can a Personal Loan Be Used For?
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 lender 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.
- Credible Personal Loans Review
- Upstart Personal Loans Review
- Prosper Personal Loan Review
- SoFi Personal Loans Review
- LightStream Personal Loans Review
- Upgrade Personal Loans Review
All personal loan articles
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GreenSky Home Improvement Loans Review 2026: Risks, Costs, and Better Alternatives
The GreenSky home improvement loan acts as a line of credit, and borrowers can use as much or as little as they need. It’s easy to apply for a GreenSky…
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Hot Tub Financing: Compare Your Options
Hot tubs can be expensive, but you can finance one with a personal loan or by leveraging your home equity.
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Best Egg vs. Upstart: Personal Loan Comparison
Searching for a personal loan? This Best Egg vs. Upstart comparison will help you determine which lender is best.
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LendingClub vs. Prosper: Personal Loan Comparison
Searching for a personal loan? This LendingClub vs. Prosper personal loan comparison will show you how the two P2P lenders stack up.
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SoFi vs. Prosper: Personal Loan Comparison
Both SoFi and Prosper offer personal loans to creditworthy borrowers, but the way they fund those loans is different. Learn more in this SoFi vs. Prosper comparison.
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Long-Term Personal Loans
Long-term personal loans can offer more flexibility with your monthly payment amount, but typically cost more than a short-term loan. With a longer term length, it’s also important to have…
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Personal Loan Limit: How Much Can I Borrow?
The maximum personal loan amount you can borrow depends on your credit history, income, and the lender you choose. Borrowers should only take out large personal loans for justifiable expenses.
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RISE Credit Loans Review: High Costs for Quick Funding
RISE Credit specializes in installment loans for consumers with poor credit. While RISE loans may be more accessible to specific consumers, they come with extremely high interest rates.
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Balance Credit Personal Loans Review 2026: High Rates, Few Upsides
Balance Credit offers unsecured personal loans to consumers in select states. While these loans can provide access to fast funding, interest rates can be in the triple-digits, making them a…
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Oportun Personal Loans Review 2026: Small-Dollar Loans for Thin-Credit Borrowers
Oportun offers personal loans to borrowers with no credit or bad credit, but rates are often very high and only consumers in 12 states are eligible.