loan, and your credit will be checked. Additionally, if you want to draw funding sources, you will need a plan , showing how you will use the money. P2P lending offers competitive interest rates, and a good story can help you get the funding you need. Interested in learning more? Check out Lending Club and Prosper . Both are leaders in the P2P lending space with solid processes for loan origination, repayment, and tracking. Family and Friends : If you have family members or friends who can help you out with the personal loan you need, you can often get the best loan terms. However, you want to make sure that you are sure that you can repay the loan; you don't want to risk your relationship. Have a contract so that you are accountable, and so that your friend or relative knows that you are serious. Editor's note: Personally, I'm totally against borrowing from family or friends.  In my own family, money led to a huge falling out between family members.  It shouldn't have, but it did. Final Thoughts on Personal Loans If you are looking for a personal loan, there are a number of options. From payday lenders (which you should avoid as much as you can) to credit cards to friends and family to random strangers via P2P lending, chances are that you can find a personal loan. But, depending on your situation, you might have to pay a lot for it. Whichever path to a personal