A personal loan is the money an individual borrows for any reason, ranging from debt consolidation to an unexpected medical expense to a vacation. Personal loans are usually repaid in monthly installments over time (typically two to five years) with interest. The majority of personal loans are usually unsecured, which means any collateral doesn’t guarantee them.
The interest rate on a personal loan is typically expressed as an annual percentage rate or APR. Depending on your creditworthiness, including your income, debts, and credit score, the typical APR for a personal loan may range from 6% to 36%.
Quick Business Loan provides a variety of personal loans for our clients. Our competitively-priced loans are intended for individuals who need cash to pay off existing obligations, such as medical bills, college tuition payments, debt consolidation, and so on. We want to help you find the perfect financing option for your specific situation. We make borrowing quick and easy, and our secure online application takes only minutes to complete.