Our experts answer readers' personal loan questions and write unbiased product reviews (here's how we assess personal loans). In some cases, we receive a commission from our partners; however, our opinions are our own.

Maybe you have a home improvement project in mind, such as building a deck, remodeling your bathroom, or replacing your roof, but you need money to complete the job. A personal loan could be a good option. A personal loan is a fixed-rate loan, often paid off in monthly installments with a variety of term length options.