Finance Pay Off Debt Renovation Wedding 
Savings Corner
DECEMBER 24, 2023
Key takeaways A personal loan is money you can borrow to finance large purchases, consolidate debt, invest in yourself or cover emergency expenses. Common reasons include paying off debt, financing a large purchase such as a vehicle or a boat, or covering the cost of a major expense like a wedding or a home renovation.
Savings Corner
APRIL 4, 2024
Home equity loans are best used for five-figure renovation or repair projects — which can garner you a tax deduction on their interest — or to consolidate other debts. You also don’t have to host a wedding (go to the courthouse). What are average home equity loan interest rates? to 10 percent.
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