Compare two ways to consolidate debt: a balance transfer credit card and a personal loan. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

The total outstanding personal loan balance in America is $249 billion – an increase of 64% over the past five years. By comparison, credit card debt rose 33% in that same timeframe. About 9% of U.S.

Personal loans can be a useful financial tool, but their value depends on your specific needs and circumstances. So are personal loans worth it? It’s important for you to understand the pros and cons ...

There are potential benefits and downsides to debt consolidation.

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation. I've ...

Tools like balance transfer cards, loan refinancing, and nonprofit counseling can help Americans cut interest and pay off ...

Higher interest rates are changing the way consumers use and perceive personal loans. Today, more consumers appear to be turning to personal loans to consolidate debt and finance major purchases to ...

What increases your total loan balance? Most of the time, loan balances go down over time. But sometimes, they can go up. Understanding what can make your total loan balance increase may help you ...

Text Callout : Key Takeaways - Personal Loan Statistics and Trends to Watch in 2025 Consumers are increasingly turning to unsecured personal loans to achieve their financial goals, whether they want ...