When Brandon and Mbali heard they were having twins, they knew they’d need more than just baby names — they’d need a ...

Here's what each would look like over 60 months: 5-year $50,000 home equity loan at 8.25%: $1,019.81 per month 5-year $50,000 personal loan at 12.65%: $1,128.72 per month ...

When to use a personal loan A personal loan is most useful when you need funds to pay for something too big to put on a credit card but might not require another lien on your home — like a small ...

As of August 4, 2025, the average personal loan rate on a three-year loan was 13.66% APR, while the average personal loan rate on a five-year loan was 19.70% APR, according to Credible.

This is lower than last week’s $350.98. 5-year personal loan rates Today’s rate for a five-year personal loan is 21.19% — lower than last week’s 22.23%, according to data from Credible.

A personal loan for rent can help if you’re in a bind, but you have to pay interest on what you borrow. And mainstream personal loan rates can run as high as 36%. You may pay origination fees.

Taking out a personal loan too hastily could lock you into unfavorable terms with an untrustworthy lender. These are the questions to ask before signing on the dotted line.