personal loan

noun

: a loan that is made by a bank to someone for a personal need

Examples of personal loan in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Young Buck has at times insisted that the funds were advance payments for future music releases under G-Unit, not a personal loan. Preezy Brown, VIBE.com, 28 July 2025 Alternatively, transfer the balance to a home equity line of credit, or even a personal loan. Daniel De Visé, USA Today, 3 Apr. 2025 Borrowers are better off switching to a zero-interest balance transfer credit card, or consolidating and paying off high-interest credit cards with a lower-rate personal loan, experts say. Jessica Dickler, CNBC, 18 June 2025 Rather than wait for a rate cut that may be months away, borrowers could switch now to a zero-interest balance transfer credit card or consolidate and pay off high-interest credit cards with a lower-rate personal loan, Schulz said. Jessica Dickler, CNBC, 30 May 2025 See All Example Sentences for personal loan

Browse Nearby Words

Cite this Entry

“Personal loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/personal%20loan. Accessed 20 Aug. 2025.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!