If you need money suddenly and you are going to take a personal loan, then wait a bit. The interest rates of personal loan are very high. Also, while taking a loan, processing fees etc. have to be ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Home equity loan interest rates just hit their lowest point in 2025. Still, a low interest rate shouldn't be the only motivation for borrowing, particularly when pursuing a home equity loan which uses ...