Are personal loans taxable? Find out how the IRS treats personal loans and when you might need to report them on your taxes ...

When your credit score is less than perfect, the thought of applying for a personal loan may be daunting. Joint applications, however, could help you get a better loan offer. A joint application ...

More borrowers are choosing personal loans over balance transfers to pay off debt. Here's why a personal loan might save you ...

Some financial experts say there are several hidden advantages that make personal loans a smart financial tool. The key?

Another draw to personal loans is that lenders typically offer a wide range of loan amounts — you can apply for as little as $500 and as much as $100,000, so there's a lot of flexibility there.

This adds a fee burden to the debtor's loan, but it is better than going forward with a poorly thought-out arrangement. If all goes well, you will be able to close out the loan, having helped a ...

It might help you get approval for a personal loan, but there are risks involved. Jessica Merritt May 1, 2025. ... But there's another, more hopeful thought, Lee points out.

According to Bankrate Monitor data, as of July 2, 2025, the average personal loan rate is 12.65 percent for customers with a 700 FICO score, $5,000 loan amount and three-year repayment term.

Personal loans were not immune from recent interest rate hikes. Here's when experts think they could drop again. ... We asked some experts for their thoughts on when that could potentially happen.