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What Is A Personal Loan?

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Repayment terms: Repayment timelines vary for personal loans, but consumers are often able to choose repayment terms between one and seven years. However, some lenders may offer terms of up to 12 years on larger personal loans. However, many lenders prohibit the use of personal loans to cover college tuition fees.

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Allstate Insurance Review 2024 | Bankrate

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Our goal is to give you the best advice to help you make smart personal finance decisions. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Our editorial team does not receive direct compensation from our advertisers. Bankrate has answers.