When gaps in income occur, such as through a loss of employment, your rent bill can be the most difficult to pay because it’s often your largest expense. In these situations, a personal loan for rent may seem like a feasible short-term fix. But personal loans are an expensive way to pay rent, and there…
Colin Thompson is a writer at NerdWallet. Email: email@example.com.
The article Should You Take a Personal Loan to Pay Rent? originally appeared on NerdWallet.