Personal Loans 101: How They Work and Who Can Qualify for Them

"You may be able to get a small loan from family or friends, and you can always apply for a credit card. But, there's another option to consider that comes with certain advantages — and that option is a personal loan. While personal loans have gotten a bad rap, they can offer a predictable way to borrow money," writes Holly Johnson (photo, left) at BusinessInsider.com