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
  • Read more What is a personal loan?
    — Andreina Rodriguez, CNBC, 22 Aug. 2025
  • Read more Looking for a personal loan that’s right for you?
    — Andreina Rodriguez, CNBC, 27 Aug. 2025
  • That begins with knowing the monthly costs of a personal loan of this size.
    — Matt Richardson, CBS News, 2 Apr. 2026
  • Here are three personal loan alternatives and when to use each.
    — Jasmin Suknanan, CNBC, 28 Mar. 2026
  • Is now a good time to take out a personal loan for debt consolidation?
    — Angelica Leicht, CBS News, 4 May 2026
  • How much will a $30,000 personal loan cost monthly now?
    — Matt Richardson, CBS News, 2 Apr. 2026
  • For starters, the gap between credit card rates and personal loan rates is significant right now.
    — Angelica Leicht, CBS News, 4 May 2026
  • Many online personal loan lenders fund loans within one to three business days, and some may even offer same-day funding.
    — Angelica Leicht, CBS News, 14 May 2026
  • 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
  • Your list should include any money owed to the person who died, such as a personal loan or outstanding paycheck.
    — Nancy Ashburn, Encyclopedia Britannica, 24 Apr. 2026
  • Non-mortgage loan debts include auto, student, credit card and personal loan debt.
    — David Faris, Newsweek, 4 Nov. 2024
  • That means personal loan rates are unlikely to drop dramatically in the near term.
    — Angelica Leicht, CBS News, 5 Mar. 2026
  • Debt consolidation loans are a type of personal loan tailor made for this problem.
    — Kerri Anne Renzulli, wsj.com, 31 Oct. 2023
  • And 15% took out a new mortgage, while another 15% took out a personal loan.
    — Terry Savage, Chicago Tribune, 26 July 2023
  • The chief benefits of a personal loan are the lower credit score threshold and there’s no risk of foreclosure.
    — Kelsey Neubauer, CNBC, 29 Oct. 2024
  • Ford took out a $100,000 personal loan last quarter for his campaign.
    — Olivia Olander, Chicago Tribune, 3 Feb. 2026
  • 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
  • In turn, many seniors are now struggling to keep up with their high-rate credit card payments, medical bills and personal loan balances.
    — Angelica Leicht, CBS News, 23 June 2026
  • Veloz may also be able to take a personal loan at a lower interest rate, and could use that loan to pay either all or part of the existing car loan.
    — Yaakov Katz, Newsweek, 27 Nov. 2024
  • Morris, who trails both candidates in the polls, raised $4 million, but $3 million was from a personal loan.
    — Ramsey Touchberry, The Washington Examiner, 23 Oct. 2025
  • Impact on the cosigner’s credit Cosigning a personal loan ties your cosigner’s credit score to the debt.
    — Christina Majaski, Sacbee.com, 28 Mar. 2025
  • In reality, most people apply for a personal loan and get their money within one to three business days.
    — Andreina Rodriguez, CNBC, 24 Mar. 2026
  • One way to consolidate your debt without the need for collateral is to request a personal loan.
    — Victor Rosario, Sacramento Bee, 20 Feb. 2025
  • Simpson goes away to college, in Chicago, though not without her mother raiding her personal loan.
    — Rebecca Mead, New Yorker, 3 Sep. 2025
  • Credit card rates are sitting at an average of about 21%, and personal loan rates are in the double-digits, too.
    — Aly J Yale, CBS News, 30 Mar. 2026
  • Interest is usually lower than with a personal loan.
    — Jasmin Suknanan,dan Avery, CNBC, 13 Mar. 2026
  • The average rate on a personal loan is around 12%, nearly 8% less than the average rate on a credit card.
    — Kelsey Neubauer, CNBC, 18 Sep. 2025

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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