Getting a personal loan from a credit union: What to expect
Credit unions offer many advantages, including for those looking for a personal loan.
Kellye Guinan is a Bankrate editor. She joined the team in 2024 with seven years of experience already under her belt covering everything from auto loans to debt consolidation. Her journey started the same as most people, with little knowledge of the finance world outside budgeting basics.
Kellye helps others navigate auto and personal loans. At her core, she believes people deserve to make the most of their money and feel confident managing their finances, so she strives to write about personal finance in ways everyone can understand. Her goal is to break down the most complex aspects of personal finance into manageable tips paired with expert advice.
In her free time, she loves studying languages and reading an absurd amount of books. You can often find her around Chattanooga drinking bubble tea and lounging by the river. And yes, she will talk your ear off about the importance of smart budgeting — even when she’s not working.
No one is born with an innate knowledge of finance, but everyone can learn it if they have access to the right tools. She wants to ensure the advice, articles and comparisons she works on are factual without being bogged down by jargon. When we approach difficult topics with empathy and understanding, we succeed.
Credit unions offer many advantages, including for those looking for a personal loan.
You can save money if you borrow money wisely.
PenFed and SoFi are two highly ranked lenders that offer personal loans with competitive rates. The major difference between the two is cost and speed. You may be funded a little more quickly with SoFi, [...]
These lenders offer competitive options for personal loans if you have good credit.
Compare rates and terms offered by two top credit unions: First Tech and PenFed.
First Tech and LendingClub offer personal loans — but First Tech has lower rates.
Earnest and LendingClub offer personal loans with fair credit in mind.
Upstart and Best Egg are both good lenders for fair-credit borrowers.
Your car can be a rolling business that earns money — whether or not you’re driving.
Do personal loans hurt your credit? They can, but they also bring other benefits.
Digging your way out of deep debt is hard, but there are options.
Sometimes financing is the only way to afford important home renovations.
Find out how much you could possibly borrow with bad credit.
You may be charged to return your leased vehicle to the leasing company.
If repairing costs as much as your car is worth, it might be time to replace it.
Dealerships and auto websites have made it easier to buy a car without leaving home.