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
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There is no universal score that will earn approval for a personal loan. — Dan Avery,brett Holzhauer, CNBC, 17 Sep. 2026 Interest rates are considerably lower than the alternatives The average personal loan interest rate is over 12% while the average credit card interest rate is over 22% this September. — Matt Richardson, CBS News, 15 Sep. 2026 Though having $30,000 in his savings account may put Patrick in a better financial situation than most Americans, Delony and Kamel recommended using $29,000 to pay off his personal loan and as much of his car loan as possible. — Sara Belcher, PEOPLE, 13 Sep. 2026 Then there’s debt consolidation, where a personal loan combines multiple balances into one payment, potentially with different terms from your existing cards. — Craig Lebrau, USA Today, 9 Sep. 2026 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 28 Sep. 2026.

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