A personal loan is an unsecured loan you can use to consolidate debt, pay for major expenses, and more. Check your rate for up to $40,000 with Discover®.
Personal loans are a sought-after solution for those seeking immediate funds. Read about secured and unsecured personal loans and what they and be used for.
Best for good to excellent credit: LightStream Personal Loan ; Best for fast funding: Upgrade Personal Loan ; Best for high balances: SoFi Personal Loan
Benefits of a NAB Personal Loan ; Ability to redraw extra funds · Redraw is available on a variable rate loan if you’re ahead on repayments, giving you flexibility if you need money unexpectedly. ; Consolidate up to $55,000 · You can borrow from $5,000 and up to $55,000 for debt consolidation. ; One to seven years flexible loan term · Choose from one to seven years, with weekly, fortnightly or monthly repayment options.
Our personal loans have flexible repayment options, no exit fees, and no additional repayment fees. Compare interest rates and apply today.
Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate personal loans to write unbiased product reviews. If you're juggling credit card payments, it can feel tough to stay on track and get ahead. Through credit card debt consolidation, it's possible to simplify the repayment process and merge multiple payments into one, ideally with a better interest rate. You do this by taking out a new loan ...
Personal loans for debt consolidation · With a debt consolidation loan, you could save money on higher-rate interest with a lower-rate loan · Personal loans could be used to consolidate bills and credit card debt · Choose a repayment term that works for you, from 36- to 84-month terms · Pay off your consolidated debt with one set regular monthly payment · Borrow between $2,500 and $40,000 with a Discover personal loan ; Balance transfers for credit card debt · Balance transfers let y...
Studies reveal that debt consolidation is the top reason why people take out personal loans. Online lending marketplace LendingTree reported that 54% of its users seek personal loans to pay down debt, including close to 41% for debt consolidation and around 14% for refinancing credit card debt. According to a September 2023 study by Forbes Advisor, 47% of debt consolidators borrowed between $10,000 and $20,000. Below, CNBC Select explains the difference between debt consolidation and credit card refinancing, how each works and how a personal lo ...
Truist offers fixed rate unsecured personal loans starting at $3,500. Apply now to consolidate debt, pay for home improvements, or manage big expenses.
Top Reasons to Consider a Personal LoanPersonal loans can be a flexible financial solution for many situations. Whether you’re consolidating high-interest debt, covering an unexpected car repair, o...