What is a Personal Loan? A personal loan is a loan made by a bank, credit union or finance company to an individual or group for non commercial use. Most personal loans are taken out for purposes such as buying new cars, going on overseas holidays, getting married or completing home renovations. There are a few different … Continue reading Personal Loans Defined
Category: Personal Loan Tips
Tips for Getting a Personal Loan
Demonstrate you’re not a risk Showing that you are a good risk improves your credit rating, saving you time and money. Here are some things to remember before approaching a credit provider: Think carefully about the amount of money you wish to borrow. Choose a figure that is realistic and suits your means. Credit providers … Continue reading Tips for Getting a Personal Loan
Comparison Rates
What is the comparison rate? The comparison rate is an indicative interest rate that combines the nominal interest rate with any foreseeable fees and charges associated with the loan, to help you obtain a more comprehensive picture of what your personal loan is going to cost you over the life of the loan. While the … Continue reading Comparison Rates
