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  2. 8 types of personal loans and their uses — plus 5 to avoid

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

    Personal loans are a highly flexible product, with rates, terms and types for people with many different credit profiles. Know your credit score before applying.

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

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

    Personal loans are not the only source of financial support, and loan alternatives might be a better fit for some circumstances. Here are three main situations where a personal loan can result in ...

  4. Unsecured debt - Wikipedia

    en.wikipedia.org/wiki/Unsecured_debt

    Unsecured debts are sometimes called signature debt or personal loans. [2] These differ from secured debt such as a mortgage , which is backed by a piece of real estate. In the event of the bankruptcy of the borrower, the unsecured creditors have a general claim on the assets of the borrower after the specific pledged assets have been assigned ...

  5. Loan - Wikipedia

    en.wikipedia.org/wiki/Loan

    The monthly payments of personal loans can be decreased by selecting longer payment terms, but overall interest paid increases as well. [5] A personal loan can be obtained from banks, alternative (non-bank) lenders, online loan providers and private lenders.

  6. Installment loan - Wikipedia

    en.wikipedia.org/wiki/Installment_loan

    An installment loan is a type of agreement or contract involving a loan that is repaid over time with a set number of scheduled payments; [1] normally at least two payments are made towards the loan. The term of loan may be as little as a few months and as long as 30 years. A mortgage loan, for example, is a type of installment loan.

  7. Personal loans don’t have to be spooky - AOL

    www.aol.com/finance/personal-loans-don-t-spooky...

    Personal loan interest rates have hit an all-time high this year, with the average rate currently sitting at 11.54 percent. Borrowers in good credit health with an excellent score are more likely ...

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