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PERSONAL LOAN

(noun)
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Definitions

There is 1 meaning of the phrase Personal Loan.

Personal Loan - as a noun

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 (Exact Relations)
consumer loan
Hypernyms (Closely Related)
loan
Hyponyms (Broadly Related)

Example Sentences

"I took out a personal loan to pay for my new car."
"She used a personal loan to finance her home renovation."
"He applied for a personal loan to consolidate his credit card debt."
"The bank offered a low-interest personal loan to its customers."
"She obtained a personal loan to cover her medical expenses."
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