4 Good Uses for a Personal Loan—and 1 Bad Use
From debt consolidation to home improvement, you can put a personal loan to smart use.
Borrowing money is rarely cheap, but sometimes it is necessary. How many people could buy a home with cash, for example? One smart use of borrowed money is to replace "bad" debt with "good" debt, and there are more good reasons.
Here are four good uses for a personal loan—and one really bad use.
Debt Consolidation
One loan to ru...