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.
Check your personal loan rates
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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
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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 -
Quicken gets into personal loans
On Feb. 2, the parent company of Quicken, Rock Holdings Inc., announced the launch of RocketLoans, an online service offering personal loans of up to $35,000. That includes loans for things like home improvements, [...]
1 min read Feb 17, 2016 -
Personal loans for less than perfect credit
Poor credit can keep you from landing a personal loan. Here’s how to impress lenders.
3 min read Feb 17, 2016
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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 has been a personal finance writer with Bankrate since 2020. She started out as a credit cards reporter before transitioning into the role of student loans reporter. She is now a writer on the loans team, further widening her scope across multiple forms of consumer lending.
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.