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Latest Loans News

Average credit score for personal loans

The average FICO credit score in the U.S. is currently 716, according to recent data from FICO. This average has…

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Personal loans for college students: Should you ever consider one?

You may have used federal or private student loans to cover tuition, housing, textbooks, and other higher education expenses. Unfortunately,…

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Payday loans vs. installment loans: One is a much better option

Luis Alvarez/Getty Images Payday loans are designed for people with bad credit or little credit history. These loans come with…

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What’s the average personal loan interest rate?

Personal loans are becoming more popular among people looking to consolidate debt and find lower interest rates than credit cards.…

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Should you get a personal loan to pay off credit card debt?

In a perfect world, no one would need to take out a loan to consolidate and pay off debt. In…

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