What is a personal loan and how can I get one?

A personal loan is a smaller loan than a mortgage and is generally used to finance a car or other vehicle, renovations to a home, consolidation of debt, to finance a vacation of one kind or another, and a great number of other things.

A personal loan is of a shorter term than a mortgage. Instead of being for ten, twenty, perhaps thirty years, a personal loan is usually for between one and five years.

A personal loan can be used to consolidate a number of other loans into one. This will allow you to make one payment instead of many. This type of loan is also called a debt consolidation loan.

When applying for a personal loan you need to be careful and to be fully informed. Make sure:

Fox Symes may be able to assist you through our relationship with lenders with either a personal loan or debt consolidation loan.

If you would like to find out more about a personal loan or debt consolidation loan call us on 1300 361 204.

More articles

For Australian residents only

If you are employed and have debts greater than $10,000 please call us on 1300 361 204 or fill in this form. We have live Debt Consultants available to help you now.

Fox Symes Contact Form
Salutation
Full Name   
Home Number
Work Number
Mobile Number
Email Address
Postcode
Property Owner? No * Yes
Unsecured Debt ($)
Time to Call
8am - 11am at
11am - 2pm at
2pm - 5pm at
5pm - 8pm at
Fox Symes takes your privacy very seriously.
* We can still assist you if you are not a property owner.

 



View Fox Symes in The Media