| Keyword | CPC | PCC | Volume | Score | Length of keyword |
|---|---|---|---|---|---|
| loan | 0.14 | 0.9 | 7860 | 57 | 4 |
What Is a Personal Loan? A personal loan is a type of lump-sum financing borrowers can get from a traditional bank, credit union or online lender, which they can use for a variety of expenses. Common uses include medical bills, auto repairs, home improvement projects and debt consolidation.
What is the repayment term for a personal loan?Personal loans typically have repayment terms between two and seven years and offer interest rates as low as 3% for high-qualified borrowers. Related: What Is A Personal Loan? How Do Personal Loans Work? Personal loans are typically available from banks, credit unions and online lenders.
What are monthly loan payments?Monthly loan payments for personal and auto loans are made up of three parts: the principal amount, the interest rate and any applicable fees. Some lenders offer an interest only period wherein you only pay the interest on the loan each month for a specified period.
What are the current personal loan rates?Personal loan rates currently range from around 4% to 36%, depending on the lender, borrower creditworthiness and other factors. While interest rates are not the only costs associated with taking out a loan, it’s important to compare lenders to identify the best personal loan rates available.
