First, you don't want a cardigan to be too big, loose, and baggy. When buttoned up, it should sit close enough to the body that the v-neck doesn't gape open when you lean over. ... You also don't want the cardigan to be too tight. The fabric shouldn't pull around the buttons when closed or cling to your bulges.
Are cardigans supposed to be loose?
This type of cardigan should hit right at the hip bones and hug closely to your body when fully buttoned. Remember to avoid cardigans that are too tight, though, as they can enhance those lumps and bumps that a cardigan with the right fit will actually hide.
Are cardigans supposed to be oversized?
Typically oversized cardigans hit just below the hip and can be as long as mid-calf. If you are on the shorter side, it's advisable to keep the length right around the knee or above. For you taller ladies, you can run the gamut from hip to calf. The length may also be dictated by what you wear with the cardigan.