What is the difference between a personal loan and a credit card

A personal loan is a sum of money from a lender that you repay in fixed installments over a set period of time, usually with a low interest rate.

On the other hand, a credit card allows you to borrow money up to a certain limit, and you can repay it in varying amounts each month. Credit cards tend to have more competitive interest rates, but more flexibility in how you use and repay the money.