Personal loans in general are small loans issued for a short period of time. The borrower applies for personal loan to be used for his personal purpose. It can be used for vacation expenses, to purchase a car, to improve home etc. It is difficult for those with a bad credit history to obtain personal loans. Even if issued, the interest rates will be relatively high. The loan amount is paid in installments along with interest. As with any other loans, secured loans have the advantage of lower interest rates when compared to unsecured loans. As a whole, personal loans have low interest rates when compared to other types of borrowing.
| AOL Money & Finance Provides the differences in personal loan offers and includes articles explaining potential sub-prime loan problems. |
| Center for Responsible Lending USA based organization working to eliminate abusive financial practices. |
| Halifax Provides personal financial services including mortgages, long-term savings accounts and more. |
| Lending Club A personal loans and investment community. |
| Mobile Money Provides short term loans for different purpose. Includes company and contact details. |
| Norton Finance Loan and mortgage brokers. Applications can be submitted on-line. |
