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  2. What is a personal loan? How it works — and what to know ...

    www.aol.com/finance/what-is-a-personal-loan...

    Advertised interest rates range from 8% to 36%, though the average interest rate on a two-year personal loan was 11.92% as of May 2024, according to the Federal Reserve Bank of St. Louis.

  3. Should I get a personal loan? Here are the pros and cons - AOL

    www.aol.com/finance/pros-cons-personal-loans...

    Unlike short-term loans like payday loans and others that charge high interest rates, personal loans range from two to 10 years, depending on the lender. ... By comparison, if you apply for a home ...

  4. 8 types of personal loans and their uses — plus 5 to avoid

    www.aol.com/finance/types-personal-loans-uses...

    Like auto loans and mortgages, secured personal loans require collateral for approval. Rather than being backed by a car or house, a secured personal loan might rely on something like a ...

  5. Credit unions offering personal loans: What to expect - AOL

    www.aol.com/finance/credit-unions-offering...

    For these reasons, credit unions are worth considering if you’re in the market for a personal loan. How credit union personal loans work. Credit unions are functionally different from banks and ...

  6. Personal loan - Wikipedia

    en.wikipedia.org/?title=Personal_loan&redirect=no

    This page was last edited on 11 September 2021, at 12:19 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.

  7. Personal loan vs. home equity loan: Which should you use for ...

    www.aol.com/finance/personal-loan-vs-home-equity...

    Typical features. Personal loan. Home equity loan. Rates. 8% to 36%. Varies based on the prime rate. Loan amounts. $2,000 to $50,000. Up to 85% of your home’s value

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