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
- 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.
- The couple took out a personal loan to pay for their dream wedding.
- After losing his job, Tom used his personal loan to bridge the gap until he found another source of income.
- Jessica's personal loan allowed her to purchase a new vehicle to commute to work.
- The bank rejected their personal loan application because of insufficient collateral.
- Mia's personal loan carried a high interest rate, making it expensive to borrow.
- 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.