Personal Loans
A personal loan is a great financial tool. It can help you consolidate debt, renovate your home, or even pay for college. Ready to explore if it's right for you? We've got everything you need, right here.
Editor's picks
The pros and cons of personal loans
7 min read
8 ways to spot personal loan scams
6 min read
What's new
-
Student loans a back burner issue for GOP
Presumptive Republican presidential nominee Donald Trump has been hard to pin down on student loans.
2 min read Jul 18, 2016 -
A nude selfie as loan collateral?
In financial transactions that more closely resemble a hostage-taking, desperate college women in China are reportedly turning over naked pictures as collateral for their loans.
1 min read Jun 20, 2016 -
Lending Club increases personal loan rates
The embattled personal loan outfit raised interest rates Tuesday for nearly all borrowers in an effort to “boost the attractiveness of the asset to investors,” the company said in a filing with the [...]
2 min read Jun 08, 2016 -
Feds issue rules to stop payday loan abuses
The Consumer Financial Protection Bureau issued new regulations today aimed at ending the recurring cycle of debt from payday loans .
3 min read Jun 02, 2016 -
Prosper increases personal loan rates
Prosper’s rate hike will impact personal loan borrowers with damaged credit scores.
1 min read May 25, 2016 -
Student debt on the rise in 2016
The 2016 average student debt total is $37,173, a bump of 6.05% over 2015 and the largest it’s ever been.
2 min read May 05, 2016 -
Where you live impacts personal loans
State banking and securities authorities have a lot of say over whether peer-to-peer lenders and P2P investors can operate in their states.
2 min read Mar 30, 2016 -
Avant passes $3 billion in personal loans
Avant, an online lending platform, is becoming a major player in online lending. It recently passed $3 billion in personal loans originated.
1 min read Mar 01, 2016 -
Skip the cash advance; get a personal loan
A cash advance on your credit card can get you convenient access to funds, but you’ll pay a higher interest rate than you would when purchasing something with your credit card.
2 min read Feb 26, 2016 -
P2P Ponzi scheme hits investors in China
The peer-to-peer lending market is under pressure in China after 21 people were arrested in association with a P2P Ponzi scheme.
1 min read Feb 19, 2016
Related topics
Helpful links
Lender reviews
Featured Authors
Hannah has been editing for Bankrate since late 2022. They aim to provide the most up-to-date information to help people navigate the complexities of loans and make the best financial decisions.
Heidi Rivera is a personal finance writer and reporter for Bankrate. Her areas of expertise include personal loans, student loans and debt consolidation, in addition to data collection and analysis.
Hanneh Bareham, a Certified Financial Education Instructor℠, has been a personal finance writer with Bankrate since 2020.
Rhys Subitch is a Bankrate editor who leads an editorial team dedicated to developing educational content about personal loans products for every part of life.