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  2. Should I get a personal loan? Here are the pros and cons - AOL

    www.aol.com/finance/pros-cons-personal-loans...

    Before taking out a loan, make sure the payment fits comfortably within your current and future financial plans. Also, account for the interest rate, principal amount and fees when calculating ...

  3. 3 Reasons To Take Out a Loan When You Don’t Need the Money

    www.aol.com/3-reasons-loan-don-t-150022924.html

    Most people take out loans because they need the money. Maybe you want to buy a house or a car, or maybe you're looking for a way to pay down existing debt you already have. However, taking out a ...

  4. 3 Most Common Reasons for Taking Out a Personal Loan - AOL

    www.aol.com/3-most-common-reasons-taking...

    America’s personal loan debt plummeted in 2020 due to the COVID-19 pandemic , after an almost-decade of steady growth -- in 2019 Americans owed $157 billion in personal loans, with the pandemic ...

  5. 7 risks of taking out a personal loan - AOL

    www.aol.com/finance/7-risks-taking-personal-loan...

    If you’re a homeowner, check out a home equity loan or HELOC which allows for terms as long as 30 years, giving you a much lower payment than short term personal loans. 6. Falling into a debt spiral

  6. 3 steps to choosing a small dollar loan & 3 alternatives

    www.aol.com/finance/3-steps-choosing-small...

    According to a Pew study of small loan lending, most major banks offer maximum loan amount options of $500, $750 and $1,000, with minimum loan sizes of $10 to $250. Credit unions and community ...

  7. How to get a small dollar loan: 3 steps to find one and apply

    www.aol.com/finance/small-dollar-loan-3-steps...

    Small dollar loans don’t require a credit score for approval like most traditional loans. However, this doesn’t mean that everyone will be approved. Eligibility is largely based on your ...

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