A personal loan is a sum of money that you can borrow for various purposes. They can help you cover a number of expenses such as medical bills, moving expenses, home renovations, debt consolidation, wedding expenses, etc. Personal loans can be secured, in which case you must provide collateral to borrow money, or unsecured, in which case you do not need to put up any collateral. The loan duration can range from 1 to 7 years.
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The figures shown in the calculators do not constitute financial advice. Lender policy, term and conditions, fees and charges apply. The results should not be taken as a substitute for professional or finance advice. All reasonable care has been taken in preparing and designing the calculators and tools; however, oxcel finance provides no warranties and makes no representation that the information provided by the calculators and tools is appropriate for your particular circumstances or indicates you should follow a particular course of action
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