personal loan

Landing a personal loan has never really been easy, but since the recession began, it's been harder than ever, despite the fact that some types of lending, like auto loans, have started to make a comeback among banks. The funny thing is, most of what goes into a bank decision to give you a...

As 2010 winds to a close, New Year Resolutions are on our minds and as always, getting out of credit card debt remains a big goal for many of our readers. There are many ways to cut credit card debt, but one of our favorite ways is to get a lower interest rate and a fixed repayment term with a...

Going to a bank for a personal loan for plastic surgery, overextending a credit card to buy Christmas gifts, and borrowing from a 401k retirement plan are some of the dumb ways people borrow money. There's also using a home equity loan to pay for a vacation, but that stupidity has been covered so...

If you apply for a personal loan but the company you're dealing with wants you to pay them a fee up front, that should raise a red flag. And, it's illegal. That's the scenario some consumers experienced when they tried to take out a loan with a company called Boardwalk Capital Funding, according...

For borrowers who are looking for a personal loan, but don't qualify for the best rates at their local bank, peer-to-peer lending might be a good solution. Recently Lending Club expanded its personal loan offering by providing 5 year personal loans to borrowers and investors. "Sixty-month loans...

A Money magazine reader asks ethicists Jeanne Fleming and Leonard Schwarz "Is there anything wrong with asking a good friend to secure the loan I'm giving him with the title to his car? Tom really needs the money, but he can be pretty irresponsible, and I don't want my $2,500 to become a...