One Personal Loan, So Many Possibilities
Perhaps you’re on the brink of realizing a long-held dream, or your milestone moment is approaching and it’s time to start planning. Or, maybe your life has recently changed, and your financial obligations have changed with it. Whatever the reason, if you need to access money for personal expenses—whether planned or otherwise—a personal loan might be worth exploring.
A form of installment credit, this type of financing can help you borrow the money you need for multiple uses, including consolidating high-interest debt. Personal loans can also be used to finance expenses for when you may not have enough cash on hand—or to avoid dipping into your hard-earned savings. With flexible terms and a fixed rate for the life of the loan, your payments will be predictable from one month to the next.

Debt Management & Consolidation
For many, managing multiple credit card balances with varying interest rates and payment schedules can be overwhelming. According to Experian, the average American has about four credit cards in their wallet, and when you carry a balance on multiple cards, it can be difficult to stay on top of your finances. When you consolidate multiple high-interest debts into one easily manageable monthly payment, you save both time and money.
See how much you can save with our debt consolidation calculator.
Home Improvements
Your home is most likely your largest asset, so it’s important to maintain its value through regular repairs and upgrades. Costs can wildly range from minimal (new garbage disposal) to severe (replace hot water heater), and funds from your loan can also be used to pay for materials, labor, and any other costs associated with the repair.
For a large or ongoing project, REV offers home equity loans and home equity lines of credit that allow you to tap into the equity you’ve built in your home. However, if the repairs or upgrades are minor, personal loans provide a hassle-free alternative for smaller-scale improvements without the need for collateral.


Medical Expenses or Vet Bills
Medical expenses can be exorbitant, particularly for those with high-deductible health plans or no insurance coverage. While health insurance can help with some costs, being underinsured or uninsured may leave you with a significant financial burden for medical care. Just like unexpected medical expenses, unanticipated veterinary bills can also put a strain on your finances when caring for your furry friends.
A personal loan can provide timely access to treatment and offer a way to manage medical and/or veterinary expenses gradually, letting you focus on what’s most important during an emergency.
Travel Adventures
Everyone deserves a getaway now and then. When planning a vacation that requires upfront expenses like flights, accommodations, or activities, a personal loan can be a great option to get the funds needed. Because your loan is disbursed in one lump-sum payment, you can enjoy the perks of any early-bird pricing and even indulge in extras without having to touch your emergency savings.
