personal loan (Meaning)

Wordnet

personal loan (n)

a loan that establishes consumer credit that is granted for personal use; usually unsecured and based on the borrower's integrity and ability to pay

Synonyms & Antonyms of personal loan

No Synonyms and anytonyms found

personal loan Sentence Examples

  1. Sarah secured a personal loan to finance the down payment on her first home.
  2. Eric's modest personal loan helped him cover unexpected medical expenses.
  3. The bank offered her a competitive interest rate on her personal loan due to her excellent credit history.
  4. To consolidate his debts, David applied for a personal loan with a lower interest rate.
  5. The couple took out a personal loan to pay for their dream wedding.
  6. After losing his job, Tom used his personal loan to bridge the gap until he found another source of income.
  7. Jessica's personal loan allowed her to purchase a new vehicle to commute to work.
  8. The bank rejected their personal loan application because of insufficient collateral.
  9. Mia's personal loan carried a high interest rate, making it expensive to borrow.
  10. The lender advised them to compare personal loans from different institutions to find the best terms.

FAQs About the word personal loan

a loan that establishes consumer credit that is granted for personal use; usually unsecured and based on the borrower's integrity and ability to pay

No synonyms found.

No antonyms found.

Sarah secured a personal loan to finance the down payment on her first home.

Eric's modest personal loan helped him cover unexpected medical expenses.

The bank offered her a competitive interest rate on her personal loan due to her excellent credit history.

To consolidate his debts, David applied for a personal loan with a lower interest rate.