Peard Finance

Personal Loans

Many people take out a personal loan to fund the cost of purchasing a car or small renovations on the house, but personal loans can be used for many other purposes such as paying for a holiday or financing a wedding.
Personal loans can be used for almost anythng and Peard finance can help find a personal loan which suits your needs and wants.

Why do you need the money for?
Different lenders will have different rates depending on what you are using the funds for. If you have an asset to offer as security such as a car the rate will generally be lower than an unsecured loan.

How much can you apply for?
When assessing personal loan applications, lenders will usually consider the applicant’s credit history to decide how much they are willing to lend. A good credit history will usually result in a higher approval rate, but it really depends on the lender and the applicant’s circumstances. We make sure to match you with lenders and personal loans that suit your needs. Our minimum loan amount is $5000.

What should you look for when choosing a personal loan?
There are certain factors to take into account when comparing personal loans. If possible, try to choose the personal loan with the lowest interest rate, borrowed over the shortest period of time. Keep in mind any fees you may have to pay on the loan, and read the terms and conditions in full to make sure the loan is right for you.