Best Personal Loans for Freelancers and Self-Employed
Freelancing and self-employment have seen a remarkable rise in recent years, especially following the pandemic. With over 76.4 million freelancers in the U.S. as of 2024, this dynamic workforce is reshaping the economy, contributing $1.27 trillion annually. As more professionals embrace flexibility and independence, finding the best personal loans customized to their unique financial needs becomes crucial. In this blog, we’ll explore the best personal loans for freelancers and self-employed individuals. What Does Self-Employed Mean? Self-employed individuals work for themselves rather than for an employer, earning income from their own business, trade, or services. They can operate as sole proprietors, independent contractors, or partners in a business. Self-employment offers flexibility and autonomy but requires managing taxes, income variability, and business responsibilities. How Personal Loans Work for Self-Employed Borrowers As a self-employed individual, you kno...