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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Tilt (FKA Empower) 2026 Cash Advance App Review
Need a little breathing room before payday? Tilt (formerly known as Empower1 until an August 2025 rebrand) might be worth a look, especially if you’re tired of getting hit with…
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How to Calculate Your Personal Loan Payment
If you’re shopping for a personal loan, chances are you’re prioritizing affordable monthly payments. You’re looking for repayment options that suit your budget without costing you an arm and a…
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Refinance Timeshare Loans: Your Options, Rates, and When It Makes Sense
Almost 10 million U.S. households own a timeshare, whether it’s deeded, points-based, fractional ownership, or a private club membership. If your interest rate is high, or your loan is becoming…
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Personal Loans in Wisconsin
A personal loan is money you might borrow from a bank, credit union, or online lender. With a personal loan, you make fixed monthly payments over a set period. These…
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How to Get a $20,000 Personal Loan
In 2023, the average personal loan borrower took out almost $20,000. Given the high interest rates on credit card debt, debt consolidation was a popular reason for needing a $20,000…
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Personal Loans to Pay Bills
Struggling to pay your bills can be stressful, so personal loans—funds you can borrow for almost any purpose—may seem to offer a way out. It’s true that you can use…
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Personal Loans for Veterans With Bad Credit
The Consumer Financial Protection Bureau reported in 2020 that a sizable percentage of servicemembers struggle with delinquent debts shortly after they leave active duty. A FINRA Investor Education Foundation study…
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Best Personal Loans for Excellent Credit
If your credit score is between 740 and 850, that’s often considered great to excellent credit. Some lenders with more stringent underwriting requirements may reserve an “excellent” designation for scores above…
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How to Qualify for a $15,000 Personal Loan With Good or Bad Credit
A $15,000 personal loan can help you pay off high-interest debt, cover emergency expenses, or finance a big purchase. And whether you have excellent or less-than-perfect credit, several lenders may…
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Personal Loans for a Credit Score of 550
Getting a personal loan with a 550 credit score can be challenging, but it’s not impossible. Some lenders specialize in helping borrowers with poor credit, offering options to cover expenses…