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Personal Loans

A personal loan is a great financial tool. It can help you consolidate debt, renovate your home, or even pay for college. Ready to explore if it's right for you? We've got everything you need, right here.

What's new

  • Student debt on the rise in 2016

    The 2016 average student debt total is $37,173, a bump of 6.05% over 2015 and the largest it’s ever been.

    2 min read May 05, 2016
  • Where you live impacts personal loans

    State banking and securities authorities have a lot of say over whether peer-to-peer lenders and P2P investors can operate in their states.

    2 min read Mar 30, 2016
  • Skip the cash advance; get a personal loan

    A cash advance on your credit card can get you convenient access to funds, but you’ll pay a higher interest rate than you would when purchasing something with your credit card.

    2 min read Feb 26, 2016
  • Quicken gets into personal loans

    On Feb. 2, the parent company of Quicken, Rock Holdings Inc., announced the launch of RocketLoans, an online service offering personal loans of up to $35,000. That includes loans for things like home improvements, [...]

    1 min read Feb 17, 2016
  • The origination costs of personal loans

    Loan origination isn’t free, even when there are no upfront fees. When you take out a personal loan you’re paying the expense involved with loan origination.

    1 min read Feb 04, 2016
  • What can a personal loan do for you?

    Debt consolidation, home improvements and major purchases are the top reasons people choose personal loans. Others include financing a vacation, paying your taxes or paying for medical expenses.

    1 min read Jan 29, 2016

Featured Authors

Hannah Smith Arrow Right Editor, Personal Loans
Hannah has been editing for Bankrate since late 2022. They aim to provide the most up-to-date information to help people navigate the complexities of loans and make the best financial decisions.
Heidi Rivera Arrow Right Writer, Personal Loans
Heidi Rivera is a personal finance writer and reporter for Bankrate. Her areas of expertise include personal loans, student loans and debt consolidation, in addition to data collection and analysis.
Hanneh Bareham Arrow Right Writer, Personal Loans and Debt Relief
Hanneh Bareham, a Certified Financial Education Instructor℠, has been a personal finance writer with Bankrate since 2020.
Rhys Subitch Arrow Right Editor, Personal Loans, Auto Loans, and Debt
Rhys Subitch is a Bankrate editor who leads an editorial team dedicated to developing educational content about personal loans products for every part of life.
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