Pros and cons of personal loans
Personal loans are a quick source of cash, but be careful how you use them.
9 min read
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.
Helpful links
Emergency expense? Big move? A personal loan can help.
Taking on still more debt in pursuit of a goal can sometimes make sense. Here’s when.
Borrowers have a few places to turn to for personal loans. Here’s what to know.
Reviews & tools
Editor's picks
Learn more about personal loans before you apply.
Experts in all things finance
Our expert reporters and editors bring the news and analysis you need—backed by data and firsthand experience.
About Bankrate
Writer and Consumer Lending Analyst
Senior Loans Writer
Senior Loans Writer
Related topics
The latest
‘Tis the season for holiday spending, and you can expect to be inundated with discount offers for opening a credit line when you shop. The warm fuzzy sound of Christmas music and twinkling lights may [...]
Don’t fall for personal loan misconceptions.
Your interest rates influence your debt.
Loans salespeople fit into three categories each with their own tactics.
Borrowing terms and limits will vary depending on which loan product you choose.
Three women share how a personal loan helped them manage debt and increase savings.
Short-term loans might be tempting for a quick bit of cash. Approach with caution.
Holiday loans let you stretch your gift-buying budget, but that doesn’t mean they’re a good idea.
The trusted provider of accurate rates and financial information