: 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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Many online personal loan lenders fund loans within one to three business days, and some may even offer same-day funding.—Angelica Leicht, CBS News, 14 May 2026 Your list should include any money owed to the person who died, such as a personal loan or outstanding paycheck.—Nancy Ashburn, Encyclopedia Britannica, 24 Apr. 2026 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 Other parents may decide to take a personal loan from their 401(k) for education or through a HELOC tied to their home.—Vanessa Duplessie, Forbes.com, 31 Mar. 2026 See All Example Sentences for personal loan