Loans
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What is a personal loan? What you should know before you apply
kate_sept2004/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways A personal loan is money you can borrow in a lump sum with…
Roughly 30% back-to-school shoppers report going into debt over back-to-school shopping; is buy now, pay later the solution?
Over the past few years, American consumers have been grappling with the impact of inflation on their wallets. With back-to-school…
Will an emergency loan impact my credit?
Anastasiia Shavshyna/Getty Images Key takeaways When you apply for an emergency loan, a lender usually performs a hard credit check…
How to calculate loan payments and costs
Key takeaways Your payment is calculated based on your interest rate and repayment period. The type of loan (interest-only or…
When and how to refinance a personal loan
Key takeaways Ideally, you should refinance a personal loan only if you can secure a lower rate and save money…
What is a bad credit personal loan? Here’s what to know
elenaleonova/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways Bad credit lenders may approve borrowers with credit scores in the upper 500s…
Pros and cons of credit-building products
Key takeaways The major advantage of credit-building products is the potential to improve or establish your credit score. Higher rates…
What to know about tax refund loans
Andrii Zastrozhnov/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways Many tax preparation services offer tax refund loans that allow you to…
LightStream vs. SoFi: Which personal loan is right for you?
Hinterhaus Productions/Getty Images Key takeaways LightStream personal loans are better for borrowers with strong credit who want to find the…
What documentation is required for personal loans?
Key takeaways When applying for a personal loan, you must provide personal and financial information, including proof of identity, income…
