Should You Take a Personal Loan to Pay Rent?
When gaps in income occur, such as through a loss of employment, your rent bill can be the most difficult to pay because it’s often your largest expense. In these…
Colin Thompson
Colin is a former personal loans writer for NerdWallet. Previously, he wrote about national trends in the health care industry. He has a bachelor's degree in English from Elmhurst University in Illinois.
Posts by Colin Thompson:
What Is a Debt Consolidation Loan?
A debt consolidation loan is a loan you use to combine your existing debts into a single debt with one monthly payment. Using a debt consolidation loan can reduce the…
Online or In-Person Loans: What’s Better?
More financial technology companies are offering personal loans online. But whether an online or in-person loan is better for you depends on what you value most. If you prefer a…
How Do Bank Loans Work?
Bank loans work similarly to personal loans you get from online lenders: After you apply, the bank will review your credit score, history and income to determine how much money…
Personal Loans for Good Credit: Best
Compare the best personal loans for borrowers with good credit. Loan amounts range from $2,000 to $100,000, and APRs start around 6%.
Personal Loans for Excellent Credit: Best
Compare the best personal loans for borrowers with excellent credit. Loan amounts range from $2,500 to $100,000 and have fixed interest rates.
How to Get a Debt Consolidation Loan in 5 Steps
A personal loan for debt consolidation can streamline multiple high-interest debts into one payment and help you pay off debt more quickly — even if you have bad credit. Here’s…
Credit Union Loans: Low Rates, Flexible Terms
Your local credit union should be your first stop for borrowing money, especially if you have a fair or poor credit score (below 690). Credit union personal loans often have…
Personal Loans or Balance Transfer Cards: Which Is Right for You?
Personal loans for debt consolidation and balance transfer credit cards are two common debt consolidation strategies that can lower the amount of interest you owe and help you pay off…
