A personal loan is a type of installment loan that allows you to borrow money to cover a one-time expense. The most common reason people use personal loans is to pay down high-interest debt, thanks to ...

Kevin Nishmas is an expert financial content writer with a long and successful history of working with Canada's largest financial institutions. His knack (and passion) for transforming complex ...

Personal loans with strong credit, but there’s no option to prequalify.

Courtney Reilly-Larke is the deputy editor of Forbes Advisor Canada. Previously, she was the associate editor of personal finance at MoneySense. She was also managing editor of Best Health Magazine ...

Two of the most common ways to consolidate debts are balance transfer credit cards and personal loans. Both can help you save money and simplify payments, but which one works best will depend on ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But what about a personal loan instead? Personal loans could be a good ...

In most cases, personal loan interest isn’t tax-deductible, unless the loan is used for specific purposes such as for business or investment expenses. Try This: 5 Subtly Genius Moves All Wealthy ...

Providing accurate and truthful information on a personal loan application is crucial, as lies can lead to serious consequences. Lenders often restrict how loan funds can be used, and your indicated ...

On the borrower’s death, the bank asks the co-applicant or guarantor to pay, or recovers the personal loan amount from the ...

Personal guarantees are common for business loans, but make sure you'll be able to repay the loan if you have to. Many, or all, of the products featured on this page are from our advertising partners ...