Personal Loan Myths | Moneylenders Loan Academy

Top 6 Misconceptions Of Personal Loans

Tell anyone that you are considering taking out a personal loan. They will probably give you the side eye and tell you to reconsider your decision. However, their reaction might be different if you tell them that you have taken out a home loan, or a renovation loan. There might be an explaination for this. […]

What Should I Consider Before Applying For A Personal Loan

When applying for a personal loan from a bank or licensed moneylender, it is essential to review the repayment terms. Take note of the interest rate charged, credit score, repayment period, and other fees. Interest rate Note that different banks charge different interest rates on personal loans. You should ensure your bank’s rate is favourable […]