Most personal loans offer fixed interest rates and predictable monthly payments, but potential downsides include high borrowing costs, fees, penalties and credit impacts ...

Personal loan scams can target many people in the hopes of luring a few or target a particular person based on a ...

A secured loan is a type of debt that requires collateral. A secured loan is a type of debt backed by collateral, which is something you own, such as a house, car or savings account. Banks, credit ...

There are potential benefits and downsides to debt consolidation.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But what about a personal loan instead? Personal loans could be a good ...

Achieve reports that unsecured personal loans, based on creditworthiness, can offer lower rates than credit cards, aiding ...

Personal loans can be a useful financial tool, but their value depends on your specific needs and circumstances. So are personal loans worth it? It’s important for you to understand the pros and cons ...

Learn about the risks and legal obligations of a personal guarantee.

For personal loans, banks provide a 3 to 15-day cooling period during which the borrower can cancel the loan. Usually, there ...

PALs, offered by federal credit unions, cost less than traditional payday loans and give borrowers more time to repay. Many, or all, of the products featured on this page are from our advertising ...

An unsecured personal loan is a loan that’s based solely on your creditworthiness. You don’t need to provide any collateral to “secure” the loan when you first take it out. Read Next: 5 Subtly Genius ...