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How to compare personal loans and choose the best option for you

Key takeaways The average interest rate on a personal loan is above 12 percent. Common…

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What is the APR on a personal loan?

The annual percentage rate, or APR, is one of the most important factors to take…

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What is a good credit loan?

Delmaine Donson/Getty Images Key takeaways Good credit loans typically offer more competitive terms and interest…

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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…

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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…

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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…

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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…

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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,…

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Average credit score for personal loans

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

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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…

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