Personal loans offer quick access to cash at fixed rates and steady payments. They often have lower interest rates than credit cards, but beware of high fees and strict repayment terms. Loans can be useful for budgeting or emergencies, with same-day funding available. Rates are lower than credit cards, with average rates at 12.19%. Consider all factors before applying.

Read more at Yahoo Finance: Should you get a personal loan? Here are the pros and cons