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Latest Loans News

Should I use a personal loan to pay for my child’s private school?

If you’ve considered sending your child to a private K-12 institution and have gotten immediate sticker-shock, you’re not alone. In…

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Emergency loans: Everything you need to know

Key takeaways Emergency loans are borrowed for unexpected expenses when you don't have enough savings. There are different types of…

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How to calculate interest on a loan: Tools to make it easy

Key takeaways Lenders charge two types of interest to earn money on the amount borrowed: simple or amortized. Short-term loans,…

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How to manage your personal loan and save money

Key takeaways Set up an automated payment if it’s offered by the lender to keep on top of your loan…

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What is an unsecured loan?

Key takeaways Unsecured loans are debt products that do not require collateral but may come with higher interest rates and…

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Should you use a personal loan to invest and build wealth?

Key takeaways Personal loans are generally free of spending restrictions, so you can potentially use the funds to invest. However,…

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How to improve your credit score with a personal loan

Key takeaways Personal loans can boost your credit score by adding to your credit mix and reporting a positive payment…

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What you need to know about payday loans

Key takeaways Payday loans are small loans with high fees that typically have to be paid off in 14 days.…

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Personal loans vs. home equity loans: Which is right for you?

Key takeaways Personal loans and home equity loans can provide a much-needed source of funding if you need cash. Personal…

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Personal loan interest rates in 2023 | Facts and statistics

Personal loan debt in the U.S. reached $210 billion in the third quarter of 2022, and the number of consumers…

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