Personal Loan Knowledge Center
Personal loans can help you get things done or simply manage old debts more cost-effectively. MoneyRates experts have written on a variety of topics that can help you get the best use out of personal loans.
Types Personal Loans
What types of personal loans are there? Learn personal loans for different purposes, such as:
- Paying medical expenses with a personal loan
- Personal loans for home renovations
- Debt consolidation
Using Personal Loans
Once you decide what you want to do, it’s important to choose the right personal loan for your needs. MoneyRates offers some tips to help you use personal loans wisely, including:
- Finding the best deal on a personal loan
- How personal loans affect your credit score
- Avoiding rip-offs like payday lenders
Borrowing money is an important financial decision. Know what you’re getting into by understanding a little about personal loans first.
EarnIn is a financial technology company that makes it possible for workers to access money before their payday without paying any mandatory fees. Once users sign up and verify their employment information, they may be approved to transfer up to their bank account up to $100 per day for a maximum of $750 per pay… Continue reading EarnIn Loan Review 2023
Oportun personal loans allow you to borrow up to $10,000 to cover bills, pay for unexpected expenses, consolidate debt, or meet other needs. If you live in California, you also have the option to use your car as collateral for a secured loan. You might consider getting a personal loan with Oportun if you have… Continue reading Oportun Personal Loan Review 2023
If you’re looking to pay down your high-interest credit cards and consolidate them into one easier monthly payment, Reach is a company that might suit your needs. With payments sent directly to creditors, vital customer service, and a hardship plan for those who run into financial trouble, Reach offers more than the average lender. Reach… Continue reading Reach Personal Loans Review 2023
You might be familiar with Earnest as a lender who handled private student loans. However, Earnest has now partnered with Fiona to work as a lender-matching service. Though you can apply for a personal loan through Earnest, you will work with one of the company’s partners to sign the loan and make your payments. Here’s… Continue reading Earnest Personal Loan Review 2023
Personal loans can come in handy in all sorts of situations. You might use one to consolidate debt, purchase a vehicle, or complete home repairs. In most cases, these loans are unsecured, which means you won’t have put up any property, such as your home, as collateral. If you’re in the market for a personal… Continue reading How Can You Make Sure You’re Getting a Good Rate on Your Personal Loan?
What is a good credit score? There is no standard definition, but credit reporting agency Experian defines “good” credit as a FICO score ranging from 670 to 739. What is a fair credit score? That definition includes FICO scores from 580 to 669. You can reap huge benefits when you raise your credit score from… Continue reading How to Improve Credit Score – From Fair to Good
Getting a personal loan could make sense if you need money to pay for an unexpected expense, home improvement and repairs, or debt consolidation. But where do you turn for a personal loan when you need one? You might try a personal loan mobile app if you’re looking for convenient funding with potentially lower rates… Continue reading Are Personal Loan Mobile Apps Legitimate?
Are personal loans for fair credit borrowers a good financial option? If the answer is yes, then what personal loan interest rates can borrowers expect?
If debt consolidation is right for you, you can choose from several methods. One of those options is a personal loan for debt consolidation. If you consolidate debt with a personal loan, you can put an expiration date on your debt, improve your credit score almost immediately and work toward financial security.
You have plenty of choices when deciding on your best options for home improvement loans. Personal loans, home equity loans and credit cards can all fit the bill. But which works out the least expensive for you will depend on your budget and circumstances. So read on to discover your best choice.