personal loan

noun

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

Examples of personal loan in a Sentence

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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 According to campaign finance records, Long later reimbursed himself for a personal loan to the campaign using those funds. Samantha-Jo Roth, The Washington Examiner, 20 May 2025 Nancy Marks, Santos’ former campaign treasurer, admitted to filing bogus campaign finance reports filled with fake donors and a fake $500,000 personal loan from Santos. Philip Marcelo, Los Angeles Times, 5 Apr. 2025 Depending on your situation, one of the following options may be a better choice: Debt consolidation: Debt consolidation involves consolidating your debt by taking out a personal loan and using it to pay off your unsecured debt, such as your credit card balances. Kat Tretina, Sacbee.com, 4 Apr. 2025 See All Example Sentences for personal loan

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“Personal loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/personal%20loan. Accessed 13 Jun. 2025.

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