FatCamera / Getty Images Banks may have more advertising dollars to spend on promoting personal loans, but the loans they offer are not necessarily better than those offered by credit unions.

A personal loan balance transfer allows borrowers to move their outstanding loan balance from one lender to another, typically in exchange for a cheaper interest rate, better repayment conditions ...

During a medical or any other emergency, an individual may take a personal loan from the first lender willing to approve and disburse the funds. However, once the emergency is taken care of ...

Lars Peterson joined Investopedia in 2023 as a senior editor of financial product reviews with a focus on personal loans, credit cards, mortgages, and other financial products and services.