What Is a Personal Loan? A personal loan is a type of installment credit issued to a borrower by a lender, such as a bank, credit union, or online lender. You must meet the lender's eligibility ...

The transaction is complete, and if you want more money, you’ll apply for another loan. Common Types of Loans: Personal loans ...

Many business loans—including secured ones—require a personal guarantee. This would mean that you, as the business owner, are responsible for repaying the loan in the event of a default.

The transaction is complete, and if you want more money, you’ll apply for another loan. Common Types of Loans: Personal loans ... pay higher education costs. Definition: A credit line is ...