Personal Loans Articles

Used car with "For Sale" sign in the rear window.

Nov. 14, 2023 | By Ashley Maready

Buying a Used Car? 4 Mistakes to Avoid at All Costs

Cars have gotten expensive, and that even includes used ones. Learn what to watch out for when you purchase a used vehicle.

woman sitting at table holding a pen and looking at a calculator and a pad of paper.

Nov. 8, 2023 | By Dana George

What Are the Monthly Payments on a $2,500 Personal Loan?

On occasion, it is necessary to borrow a relatively small sum of money. Here's how much the monthly payments would be for $2,500.

A woman reading papers at an office desk.

Nov. 6, 2023 | By Maurie Backman

3 Reasons a Personal Loan Is Better Than a 401(k) Loan

Need a loan? Read on to see why a personal loan may be a more optimal choice than a 401(k) loan.

Two people at home looking at a tablet and paperwork.

Nov. 5, 2023 | By Maurie Backman

3 Reasons It Really Pays to Avoid a Personal Loan for the Rest of the Year

Thinking of signing a personal loan? Read on to see why you may want to wait until January 2024 -- or even beyond.

A woman sitting on the couch in her living room reading paperwork in her hand.

Nov. 3, 2023 | By Christy Bieber

Ask Yourself These Questions to Decide Whether to Take Out a Personal Loan or a Home Equity Loan

You may be able to borrow via a personal loan or a home equity loan -- but it's important to understand the differences between the options. Find out how.

A person types on a laptop while sitting on the couch at home.

Nov. 1, 2023 | By Christy Bieber

3 Steps to Take Before You Get a Personal Loan to Pay Off Credit Card Debt

It's best to approach debt payoff with a solid plan. Keep reading to learn why this applies when you're getting a debt consolidation loan.

Family of four smiling and waving out of a car.

Oct. 29, 2023 | By Dana George

This Is the Average Monthly Car Payment in 2023. How Do You Compare?

The average monthly car payment has hit a new high. Keep reading to learn where it currently stands.

Oct. 29, 2023 | By Christy Bieber

What Does Taking Out a Personal Loan Do to Your Credit Score?

A personal loan is reported to the credit reporting agencies. Take a look at what this could mean for your credit score.

A man sitting at a sunny desk and looking up something on a laptop.

Oct. 29, 2023 | By Maurie Backman

Is a Personal Loan a Good Option for Consolidating Medical Debt?

Have medical bills you're juggling? Read on to see if a personal loan is a good option.

Two people sitting on a bed and looking at paperwork next to an open laptop.

Oct. 28, 2023 | By Christy Bieber

Can You Fund Really Big Purchases With a Personal Loan?

It is possible to finance really big purchases with a personal loan. Keep reading to learn what to consider when looking for a lender.

A woman sitting at her kitchen table and looking at a laptop while filling out paperwork.

Oct. 28, 2023 | By Christy Bieber

Should You Pay More Than the Minimum on Your Personal Loan?

If you have a personal loan, you may have the option to make extra monthly payments. Read on to decide if that's a good idea.

A man standing in his living room and looking between two pieces of paper held in each hand.

Oct. 28, 2023 | By Maurie Backman

I Need $1,000. Is a Personal Loan a Good Solution?

You might need a small amount of money to cover an unexpected bill. Is a personal loan your best bet? Read on to find out.

Oct. 27, 2023 | By Maurie Backman

Should You Take Out a Personal Loan to Pay for the Holidays?

You may be tempted to borrow for the holidays. Is that a good idea? Read on to find out.

A person looking at paperwork and a laptop while standing at the kitchen counter.

Oct. 27, 2023 | By Christy Bieber

How Quickly Could You Get the Money From a Personal Loan?

If you need money fast, will a personal loan work for you? Find out how quickly the funds can hit your bank account.

Two people meeting with a third person in an office and shaking hands across the desk.

Oct. 27, 2023 | By Christy Bieber

Where Can You Get a Personal Loan?

Personal loans are available from a variety of lenders, including banks and online companies. Learn how to decide which type of lender is right for you.

Oct. 26, 2023 | By Dana George

What Are the Monthly Payments on a $5,000 Personal Loan?

The cost of borrowing $5,000 varies, depending on the borrower's credit history. Here's how much it might cost you to borrow the money.

A mature couple sitting at a kitchen table with papers, a laptop, and a calculator.

Oct. 24, 2023 | By Matt Frankel, CFP®

Can You Get a Personal Loan to Pay Your Taxes?

You can use a personal loan for just about anything. Even paying Uncle Sam. Read on to learn how a personal loan could be the answer to your tax bill.

Oct. 20, 2023 | By Matt Frankel, CFP®

Is a Personal Loan a Smart Way to Get Out of Debt?

Personal loans can be excellent financial tools. Find out if one could help you get out of debt faster.

A woman sitting at a table in an office meeting room and signing paperwork.

Oct. 10, 2023 | By Christy Bieber

How Long Should Your Personal Loan Repayment Term Be?

When you get a personal loan, you'll need to make a decision about how long of a loan term you want. Here's how you can decide.

A woman sitting at a sunny kitchen table with her laptop and notes in front of her.

Oct. 8, 2023 | By Christy Bieber

5 Tips to Help You Get Approved for Your Personal Loan

You should check your credit and pick the right lender before applying for a personal loan. Here's how following these and other tips can help you get approved.