Can I get an installment loan if I have bad credit?
Can you get out of a personal guarantee if you file bankruptcy?
How can I obtain a personal loan for $50,000?
How do I loan money to my LLC from my personal account?
How do you fund a personal llc?
If your spouse dies with student loan debt are you then responsible for the debt?
What is the statue of limitations on personal loans between individuals?
loans
Question by lawilliams90 (22)
How are they different from other loans?
Answer by domi (124)
Personal loans can be unsecured or secured and usually have a much higher interest rate then home equity, car, and mortgage loans.
Answer by barkley (951)
Generally personal loans do not have any security held as collateral for the loan. For example, there is no car title being held so that if the borrower defaults on payment the lending institution can repossess the car.
Answer by wrusche (176)
Personal installment loans are loans for personal use that you pay down over time in installments. They may or may not be secured by collateral.
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