With a traditional car loan, you use the car as collateral for the loan. With a personal loan, there is no collateral. Because of this, interest rates for personal loans are usually higher than interest rates on traditional car loans.
A loan from a lender to a borower for personal use, such as the purchase of a car, holiday, home improvements, etc. A Personal Loan can be Unsecured or Secured. RPI The Retail price index is an index of the average price of consumer goods and services used to measure the rate of inflation. This differs from the CPI in that it includes housing costs, such as: council tax, mortgage interest payments, house depreciation, buildings insurance, etc
A loan which you take for personal purpose with fixed rate of interest and repayment period.
a loan that establishes consumer credit that is granted for personal use; usually unsecured and based on the borrower's integrity and ability to pay
a fixed-rate, unsecured loan offering low, competitive rates
a great alternative to a home equity loan or line of credit when you either don't own a home or your loan-to-value is too high to qualify for a home equity loan
a great way to consolidate debt, pay for moving expenses, buy furniture or other large purchases, or pay for medical expenses
a great way to finance holidays, new cars or home improvements
a loan for any need around the home
a loan for personal reasons
a loan taken by someone who usually has a bad credit history
a loan that a homeowner can take out
a loan that can be obtained whenever there is a financial need
a loan that can be obtained whenever there is a necessity of the money
a loan that doesn't use things like your home, car, furnishings, or anything else as collateral
a loan to an individual that can be used for almost any purchase,
a loan used for personal purposes and paid off using
a loan without collateral
a loan you take for a specific personal need, maybe a holiday or pay off debts
a method of borrowing a lump sum of money from a bank, building society or other financial institution to finance the buying of a new car, make home improvements or go on a luxury holiday
a quick and easy way to obtain finance for a car, boat, holiday or to consolidate existing debts
a short-term loan to assist you with your finances
a smaller loan than a mortgage and is generally used to finance a car
A unsecured debt given to an individual that does not necessarily require a personal guarantee.
A loan used for a purpose considered personal, such as to buy a car, to pay for education, to refinance or consolidate credit card debt, or for emergency expenses.
A loan taken out by an individual over a fixed term.
A loan which you take out as an individual, with a fixed interest rate and a fixed number of repayments.
Loan taken by individuals where interest rates and repayment costs are fixed. Personal Loans are either secured against property (Secured Loan) or Unsecured, (Not Secured On Property). Secured loans are therfore only available to property owners. Unsecured Loans are usually for smaller amounts of less than £20,000.
A loan based on your income, debt and credit history.
A loan for personal use that is not backed by collateral, such as a home or automobile. This is neither a business loan nor a home equity or mortgage loan.
A set amount borrowed for a specified period, usually for a particular purchase or undertaking such as a car or a holiday.
A personal loan is the basic term for a loan taken out by individuals. It can either be secured against your property or unsecured depending on your personal circumstances and preferences.
Loan taken out by an individual, which is unsecured.
A personal loan is a term used to cover secured loans and unsecured loans. This is a loan taken out by a person or persons hence the name Secured Personal Homeowner Loan.
A loan, typically unsecured, made to an individual for non-commercial purposes
A loan based on consumer's income, debt, and credit history.
Loan from someone you know.
A personal loan is a loan from a lender that is not secured by any property. Rates tend to be similar to those of credit cards, which are another type of unsecured loan.
A type of loan that is used for things like buying a car, a boat or furniture. Money is lent to you for a fixed period, at a variable or fixed rate of interest with repayments calculated at the start of the loan. Personal loans are popular for both secured and unsecured loans of $2,000 and more and should be considered instead of using your credit card for expensive purchases.
Loans to private individuals for personal use such as debt consolidation, the purchase of a motor vehicle, holiday or similar item. Repayment periods vary. No collateral is asked for or given for the loan.
A loan secured by property other than real estate, or unsecured.