What Is a Signature Loan?
A signature loan is a fixed-rate, unsecured personal loan offered by an online lender, bank or credit union. It’s called a signature loan because it’s secured by your signature instead…
Jackie Veling
Jackie covers personal loans for NerdWallet. Prior to that, she ran a freelance writing and editing business. She graduated from Indiana University with a degree in journalism. Email: [email protected]
Posts by Jackie Veling:
How to Apply for a Bank Loan in 5 Steps
Banks offer personal loans typically ranging from $1,000 to $100,000. These loans have low interest rates and can come with perks for existing customers. Though not all banks offer personal…
Weddings Are Marching Back: Here’s How to Pay for Yours
From the moment you decide to have a wedding, you’re faced with a marathon list of questions. How many people should you invite? Do you need to hire a videographer?…
The Pros and Cons of Debt Consolidation
If you have multiple streams of debt, like high-interest credit cards, medical bills or personal loans, debt consolidation can combine them into one fixed monthly payment. Getting a debt consolidation…
How to Make Good on Your Resolution to Pay Off Debt in 2021
If you have high-interest consumer debt, getting control of your money in the new year might sound overwhelming. Most Americans say the COVID-19 outbreak has caused financial stress, according to…
What Is a Point-of-Sale Loan?
A point-of-sale loan lets you break down a purchase into a series of smaller payments, so you can buy now and pay later. In recent years, point-of-sale financing has rapidly…
What Is a Personal Loan?
A personal loan is money borrowed from a bank, credit union or online lender that you pay back in fixed monthly payments, or installments, typically over two to seven years.…
The Best Ways to Borrow Money
It’s usually better to pay for unexpected expenses with your emergency fund than to borrow money. But sometimes life throws a curveball, and you need to look to outside resources.…
What Are Personal Loans Used For?
A personal loan can be used for just about anything. You might see them advertised differently — as consolidation loans, travel loans or medical loans — but they function the…
Debt Consolidation Loan Rates for July 2021
Consolidating debt with a personal loan can streamline your debt payoff journey, and it can also save you money if you get an interest rate that’s lower than the rates…
