Personal Loans

A personal loan is money you borrow from a bank or other financial institution with a set repayment period and consistent monthly payments. Most personal loans are unsecured, so you won’t have to put down collateral to borrow the money.

You can use it to pay for something special, like a holiday, car or home renovations but will have to repay with interest over a fixed term, usually between one and seven years. Getting the best deal on a personal loan can save you thousands in interest and fees.