Frequently Asked Questions

What is a personal loan?

 A personal loan is an unsecured loan provided by financial institutions  to individuals based on their credit history and income. It can be used  for various purposes, such as debt consolidation, medical expenses, home  renovations, or other personal needs.  

What is the eligibility criteria for a personal loan?

 The amount you can borrow depends on your credit score, income, and the  lender's policies. Personal loans typically range from $5,000 to  $100,000, but higher amounts may be available depending on your  financial situation. 

Can I use a personal loan to consolidate my debt?

 Yes, personal loans are commonly used for debt consolidation. By  consolidating multiple debts into a single loan with a lower interest  rate, you can simplify your payments and save on interest.  

How much can I borrow with a personal loan?

Loan terms can vary based on your financial circumstance. Our repayment terms range anywhere from 12 to 48 months based on affordability.