personal loan

noun

: a loan that is made by a bank to someone for a personal need

Examples of personal loan in a Sentence

Recent Examples on the Web
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Non-mortgage loan debts include auto, student, credit card and personal loan debt. David Faris, Newsweek, 4 Nov. 2024 Some financial advisors recommend taking out a personal loan instead of using a balance transfer credit card. Winnie Sun, Forbes, 1 Nov. 2024 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 The judge also ruled in a separate but related case that Cohen is on the hook for a $187 million personal loan guarantee pending the results of the auction, which is set for November 8 unless the two sides agree to a settlement. Jill Goldsmith, Deadline, 21 Oct. 2024 See all Example Sentences for personal loan 

Dictionary Entries Near personal loan

Cite this Entry

“Personal loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/personal%20loan. Accessed 17 Nov. 2024.

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