A personal loan is money you borrow from a bank, credit union, or online lender, usually paid back in monthly installments. Most personal loans are unsecured, meaning you don’t need any collateral ...

Two of the most common ways to consolidate debts are balance transfer credit cards and personal loans. Both can help you save money and simplify payments, but which one works best will depend on ...

Secured personal loans can be easier to qualify for, but you risk your collateral if you miss payments ...

Achieve reports short-term loans are flexible, quick cash options for emergencies, but should be used wisely to avoid ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Online lenders tend to offer the lowest rates, but you'll want to thoroughly research your options. If your bank or credit union's offer is close to the best, you may be more comfortable going with it ...

Some borrowers are turning to personal loans to refinance credit card debt. Those loans are expected increase nearly 6% this year, TransUnion forecasts ...

When a medical emergency strikes, there is little room to think. With the inflated healthcare costs, even savings and insurance can sometimes fall short. In suc ...

Americans are increasingly relying on personal loans to — at least temporarily — solve their financial woes. But is that a good idea? Many personal loan myths might deter you from this type of loan.