Personal loans surge amid affordability struggles: It's 'the middle-class refinancing option,' expert says

Market Intelligence Analysis

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Why This Matters

Personal loan demand is expected to rise by nearly 6% this year as borrowers seek to refinance credit card debt, driven by affordability struggles.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Some borrowers are turning to personal loans to refinance credit card debt. Those loans are expected increase nearly 6% this year, TransUnion forecasts

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Original article published by CNBC on February 20, 2026.
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