: 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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Under federal law, most private creditors — including credit card companies, medical providers and personal loan servicers — cannot garnish your Social Security income, meaning that those creditors generally cannot touch your monthly benefit, even with a court judgment in hand.—Angelica Leicht, CBS News, 20 May 2026 Your list should include any money owed to the person who died, such as a personal loan or outstanding paycheck.—Nancy Ashburn, Encyclopedia Britannica, 24 Apr. 2026 Morris, a political newcomer who made a fortune running Rubicon Technologies and has largely self-funded his campaign, pulled in just over $1 million in total Q1 contributions, including a personal loan of $450,000.—Lucas Aulbach, Louisville Courier Journal, 17 Apr. 2026 While HELOCs tend to have some fees, the interest rates are typically lower than those of a personal loan or credit card.—Liz Knueven, CNBC, 2 Apr. 2026 See All Example Sentences for personal loan