PERSONAL LOANS

Do you need some extra cash to fund a business venture? Are you recently become engaged and planning a wedding? Or maybe you’re jetting off overseas for a holiday? Many people now opt for a personal loan as a short-term finance solution.

There is a wide range of personal loans and choosing the right loan comes down to your personal needs and financial situation.

Secured and unsecured loans
A secured loan will require you to put up an asset as security to borrow money from a lender. Don’t have any assets? An unsecured loan may be what you’re looking for. While unsecured loans don’t require you to put up any assets, the interest rate is higher than a secured loan and you will need to providing evidence of your income to ensure you can pay off your loan.

To fix or not to fix?
Are you worried about rising interest rates? A fixed loan might be for you! Fixed loans allow repayments to stay the same for a certain period, making budgeting a whole lot easier. As the market interest rates rise, you won’t need to stress as your loan won’t take a hit.

The challenge with personal loans is finding which one is suitable for what your requirements.

This is where our specialists at LPFS step in!

Simply call or fill out our enquiry form and one of our specialists will be in contact to discuss your options.