It's not always possible to pay for home renovations or unexpected one-time costs with cash, so there are several types of bank loans that can help cover upfront costs. With the right type of loan and the right rate, you can borrow just what you need without the debt you don't need.

Personal loans are often used to consolidate debt - like credit card debt - into one monthly payment, often at a lower rate. Use our calculator to see if you could benefit from debt consolidation.