More Americans Than Ever Are Relying on Personal Loans. Here’s What You Need to Know

While personal loans are often more affordable than credit cards, they can still carry high interest rates.

# More Americans Than Ever Are Relying on Personal Loans. Here’s What You Need to Know While personal loans are often more affordable than credit cards, they can still carry high interest rates. **Read the full article:** [Money.com](https://money.com/personal-loans-record-high-2026/?xid=moneyrss) *This article was originally published by Money.com. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*