Browse these resources to learn how a personal loan is different from other types of borrowing. Plus, explore how a personal loan might be right for your financial future, whether you need to consolidate debt, support a small business or handle an emergency.
The basic difference between a 401(k) loan and a personal loan is straightforward: a 401(k) loan comes out of your own retirement account, while a personal loan is something you get from a bank, credit union or other lender.
They’re both commonly used options… Read More
If you’re looking for a strategy to consolidate debt, you may have come across two common options: a personal loan or a personal line of credit.
What are the important differences between the two, and how do they matter for your financial situation?
The key differences… Read More
Applying for a personal loan is an important financial decision.
Generally speaking, a personal loan is an unsecured loan that can be used for everything from consolidating debt to paying for a wedding or an unexpected expense.
Because a personal loan typically … Read More
Dealing with an emergency can put stress on your physical, emotional, and financial well-being. While insurance and savings can help, they are not always sufficient. And even if you’ve planned for the unexpected, an emergency can feel overwhelming and could also… Read More