Personal Loan

A personal loan is a loan not allocated to a specific purchase. In this context, the amount borrowed through this type of financing can be used to finance multiple purchases (car, motorcycle, real estate, work, travel, etc.). From this point of view, it is not necessary to justify the nature of the expenses incurred with the total sum of money, unlike allocated loans. As its name suggests, the allocated loan is a loan that allows you to exclusively carry out a specific project: car purchase, work project, etc. Objectively, the whole point of using the unallocated loan is the need for quick cash. Moreover, the subscriber is free to use the funds as they see fit. Currently, many households have an insufficient budget to finance new projects.