Articles
  1. home Home
  2. Personal Loans

The pros and cons of personal loans

A personal loan can provide a way to access funds for a range of purposes—from buying a car, to consolidating debt or covering unexpected expenses. However, it is important to carefully consider both the advantages and potential drawbacks before applying.

Written by
Ann Lund
Ann Lund Content Editor
Content Editor
Edited by
Jessica Pridmore
Jessica Pridmore Finance Editor
Finance Editor
calendar 27 May 2025
Fact checked