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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
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

Browse Nearby Words

Cite this Entry

“Personal loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/personal%20loan. Accessed 5 Apr. 2026.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

More from Merriam-Webster