Personal Loans
A loan is defined as the lending of money from an individual or organization to another individual or organization. The borrower takes on debt and is usually liable to pay interest on the loan until it is paid off.
There are several different types of personal loans including secured, unsecured, demand, and subsidized. Common personal loans include mortgages, car loans, home equity loans, and payday loans.
According to the IRS, a loan is not considered gross income.
Latest Personal Loans News and Updates
Can You Pay Student Loans with a Credit Card? Let's Find Out
People struggling to make ends meet may not be able to afford their student loans and wonder if they can pay student loans with a credit card.
Equifax Error Caused Inaccurate Credit Scores for Millions of Customers
Equifax sent inaccurate credit scores to millions of its customers earlier this year. What causes the inaccuracies? We'll explain the Equifax error.
Elon Musk Had a Huge Tesla Stock Sell-Off in 2021 And Now He May Do it Again to Cover Taxes
Does Elon Musk pay taxes? The Tesla CEO has had a “true tax rate” far lower than that impacting average Americans, a recent report concluded.
Why Were Credit Scores Created? How People Used to Get Loans
In the past, when people wanted to take out a loan for personal expenses like a home or a car, how did they get approved? Why were credit scores created?
Financial Podcasts for Women, by Women: ‘HerMoney,’ ‘So Money,’ & More
Looking for the top financial podcasts run by women? Get recommendations for female-focused finance podcasts from listeners around the web.
What Happens When You Transfer the Balance on Credit Cards?
You just received a credit card offer with zero percent APR on balance transfers. What happens when you transfer a balance on credit cards?
Upstart Stock Jumps on Strong Earnings, Buy at a Discount
Upstart (UPST) delivered strong first-quarter earnings and the stock jumped. Should you buy UPST stock after the earnings?
Why Takung Art Is a Good NFT Stock for Bargain Hunters
Takung Art (TKAT) stock has soared due to NFT potential. Bargain hunters seeking a discount entry point might like TKAT stock now.