Personal loans are a flexible way to borrow a lump sum of money, often without needing to put up collateral. You repay the loan over a set term, with a fixed interest rate and monthly payments. Find ...

You can use a personal loan to finance home repairs or renovations, possibly up to $100,000, depending on the lender and what you can qualify for.

Key takeaways Using a personal loan to pay off credit card debt could be a smart move if you can secure a lower rate or are juggling multiple credit card payments Paying off credit card debt with a ...

You can use personal loans for a variety of purposes, such as consolidating credit card debt, paying off the cost of a medical procedure or financing a home improvement project.

You can use a $35,000 personal loan for almost anything, with a few exceptions. Learn what you can fund with a $35,000 and what is excluded.

Personal loans can be used for almost anything — here are expenses they can't cover Select breaks down some expenses you can't use a personal loan to pay for. Updated Fri, Jun 13 2025.

Some lenders let you take out multiple personal loans, but they may cap the total amount you can borrow. Your eligibility ...

Refinancing a personal loan means replacing an existing loan with a new one. Personal loan refinancing could make sense if ...

A personal loan might help you build wealth through investing, but it is risky and generally not recommended. Some lenders disallow using loan proceeds to pay for things such as tuition or ...

Some personal loans can be used for school-related expenses, but lack student loan-specific features like deferment and lower interest rates. It's better to use a combination of federal and ...

Personal loans when used wisely during inflation or crises, can help build financial stability, manage emergencies, reduce ...