3 Steps to Pay Off Your Personal Loan by the End of the Year

A personal loan can be a reasonably affordable way to borrow money when you need to. Now if you're sitting on a $10,000 personal loan balance, it's a little unlikely you'll be able to get it paid off in the next few weeks unless you happen to come into a major windfall. All told, the income you receive by or before Dec. 31 could be enough to mostly, or even fully, get your personal loan paid off, so crunch the numbers to see if that's the case.