Personal Loan Costs
Costs of personal loans will solely depend on the amount of cash you have borrowed and the duration of the loan term. Since personal loans are short term loans, the repayment tenure is small. But the interest rates are usually high due to the absence of collateral. So, ahead of applying make sure that you utilize the payday loan calculator to find out the exact cost of your loan.
Personal loans are typically offered for 3 Months to 12 Months. However, borrowers at times use this loan for over a period of months, which can be quite expensive. Therefore, this loan is not recommended as long term financial solution. With us you can check out the various financial charges, annual percentage rate and total payment due based on the amount financed to you.