Most American adults have experience with car loans, home loans and/or student loans. But personal loans aren’t as common — which means they’re ripe territory for myths and misinformation. Check Out: How To Get a Personal Loan: A Step-By-Step Guide to Approval Learn More: 8 Common Mistakes Retirees Make With Their Social Security Checks What are some of the biggest myths about personal loans? GOBankingRates contacted financial experts to get their take, and here are six common myths they cited. Also see ...