: a loan that is made by a bank to someone for a personal need
Examples of personal loan in a Sentence
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While HELOCs tend to have some fees, the interest rates are typically lower than those of a personal loan or credit card.—Liz Knueven, CNBC, 2 Apr. 2026 That begins with knowing the monthly costs of a personal loan of this size.—Matt Richardson, CBS News, 2 Apr. 2026 The California Fair Political Practices Commission fined Kramer $5,500 in 2019 for improperly reporting more than $25,000 in campaign contributions and for reporting a $90,000 personal loan to his campaign committee that was never received during his 2014 reelection campaign.—Sierra Lopez, Mercury News, 13 Mar. 2026 For years, Burkle served as a mentor and a friend, even extending Anderson a personal loan to purchase his home, the complaint alleges.—Clara Harter, Los Angeles Times, 6 Mar. 2026 See All Example Sentences for personal loan