Personal loans can be used for almost any purpose, but you should only apply for one if you need the money and can afford to pay it back over time. 

You can typically pre-qualify for a personal loan without hurting your credit. You should go through the process with a few lenders so you can compare the rates, terms, and fees offered. 

If you are unable to qualify for a personal loan by yourself, you can still get approved by having a co-signer.

Personal loans are not the right option for everyone. Some alternatives include home equity, 401(k), and family loans.