Personal Loans

A Personal Loan can help you get money when you really need it. Whether it's for a holiday, a  new car, renovations or just some new furniture, this may be the right solution for you.
 
They are available through banks, credit unions, and loan ‘shops’. It is important to select the right lender for your situation and that’s where we can help.
 
Top tips for managing personal loans

1. Always ask yourself if you really need to borrow the money. Could you cut your spending and save instead?
2. Make sure you understand all the fees that may be charged and avoid nasty surprises.
3. Be careful borrowing from lenders who take your personal property as security. If you get behind in payments they could claim your household goods.
4. Know when your payments are due and make sure you have the money to cover them.
5. If you're borrowing money for household basics get free debt counselling from your local Budget Advice Service.
6. Avoid being a ‘guarantor’ for other people's loans. If they don’t pay, you will have to.