How to Use personal loan in a Sentence

personal loan

noun
  • Just 4% said they would be forced to take out a personal loan.
    Anthony Robledo, USA TODAY, 26 Jan. 2024
  • Try for a personal loan at a lower rate than your cards charge.
    Terry Savage, Orlando Sentinel, 22 Feb. 2023
  • And 15% took out a new mortgage, while another 15% took out a personal loan.
    Terry Savage, Chicago Tribune, 26 July 2023
  • Most of Burgum's fundraising comes from his own pocket with a $10.2 million personal loan to the campaign.
    Phillip M. Bailey, USA TODAY, 25 July 2023
  • Another option is to get a small personal loan, which would add an installment loan back to your credit mix.
    Liz Weston, oregonlive, 9 Apr. 2023
  • This number accounts for a $5 million personal loan to his campaign.
    Gabe Kaminsky, Washington Examiner, 17 July 2023
  • If a personal loan is your best option, be sure to compare offers from several lenders, not just your go-to bank or credit union, Kovar urges.
    Aly J. Yale, wsj.com, 7 Nov. 2023
  • Another option is to consolidate those debts by getting a personal loan, using the funds to pay off the credit card balances and then repay the one loan.
    Khristopher J. Brooks, CBS News, 27 Feb. 2023
  • Debt consolidation loans are a type of personal loan tailor made for this problem.
    Kerri Anne Renzulli, wsj.com, 31 Oct. 2023
  • Another option is to look at potential forms of financial aid, such as 0% APR credit cards or a personal loan with a low-interest rate that can give you at least a year to pay off the balance.
    Lauren Brown West-Rosenthal, Parents, 24 Jan. 2024
  • In other words, there was no mortgage, student, auto or personal loan showing on their credit reports.
    Liz Weston, San Diego Union-Tribune, 21 Apr. 2024
  • Wilson reported having more than $2.1 million in his war chest, but that total includes a $1.2 million personal loan to his campaign.
    Bryan Schott, The Salt Lake Tribune, 17 July 2023
  • Markus Braun—who owned eight per cent of the company and was now a billionaire, on paper—had taken out a personal loan of a hundred and fifty million euros from Deutsche Bank, using his Wirecard shares as collateral.
    Ben Taub, The New Yorker, 27 Feb. 2023
  • Rather than wait for a small adjustment in the months ahead, borrowers could switch now to a zero-interest balance transfer credit card or consolidate and pay off high-interest credit cards with a personal loan, Tayne said.
    Jessica Dickler, CNBC, 18 Aug. 2024
  • Borrowing money for medical bills: A medical credit card like CareCredit or a personal loan are two ways to finance medical bills, but both come with interest that can increase the total cost.
    Nerdwallet, Hartford Courant, 6 Jan. 2024
  • If America’s credit rating were downgraded, that could raise borrowing costs for millions of Americans, sending mortgage, personal loan and credit card rates higher.
    Samantha Delouya, CNN, 28 May 2023
  • Establishing debit and credit card relationships with young consumers will position BNPL providers to expand—seamlessly and efficiently—into other personal loan categories, further cannibalizing banks and credit unions.
    Ron Shevlin, Forbes, 19 Feb. 2024

Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'personal loan.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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