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Need to get out of debt? Learn how a personal loan may make sense for you if you are paying high-interest debt and cannot find ways to save.
Personal loans become part of everyone’s life at one point or another and nowadays, direct lenders are on every page of the internet offering you the best deals.
But it’s for good reason.
A personal loan could be used to:
pay off credit cards
consolidate debt
refinance student loans
get out of debt
There are some types of personal loans which gained more popularity than others due to their several benefits, but this doesn’t mean they’re right for you.
Find out what types of loans you can find on the market and which ones better suit your needs.
Fortunately, a personal loan from a reputable lender can be a low-cost solution when you need to borrow money.
You can learn more about personal loans here or keep reading for more information about whether a personal loan is right for you.
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See our personal loan options in the table below.
Monthly payment amount assumes a $10,000 loan over 36 months at the median interest rate offered by the lender.
| Company | Loan Amount | APR | Loan Amount |
|---|---|---|---|
| $1K - $50K | 6.99% - 35.97% | |
| $2K - $40K | 6.95% - 35.99% | |
| $5K - $100K | 6.99% - 14.86% | |
| $500 - $5K | 59% - 199% | |
| $2k - $25k | 15.49% to 34.99% |
