personal loan

noun

: 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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Lending Club, an older personal loan company founded in 2007 that’s considered one of the first fintech companies to be formed, has also seen its stock fall 20% since last Wednesday. Jeff Kauflin, Forbes.com, 8 Apr. 2025 In April 2022, prosecutors say Santos falsely reported a $500,000 personal loan to his campaign, enabling him to boast an $800,000 Q1 fundraising haul. Jason Volack, ABC News, 5 Apr. 2025 Difficulty removing the cosigner Once a personal loan is cosigned, removing the cosigner is not easy. Christina Majaski, Sacbee.com, 28 Mar. 2025 Not wanting to deplete her savings, Scott secured a $20,000 personal loan from a local bank to help purchase the house, according to documents reviewed by CNBC Make It. Celia Fernandez, CNBC, 22 Mar. 2025 See All Example Sentences for personal loan

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“Personal loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/personal%20loan. Accessed 16 Apr. 2025.

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