Wednesday, November 11, 2020

When To Get A Personal Loan (And When Not To!)


When should you use a personal loan? A personal loan — essentially money you borrow from a bank, credit union or online lender and pay back with interest over multiple years — can technically be used for almost anything, but some reasons are better than others.

Personal loans writer Annie Millerbernd dives into two valid reasons to consider a personal loan — and three to reconsider. Later in the video, she provides an important tip for shopping for one.

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