It pays to know the ins and outs of personal loans, including repayment tips, reducing interest payments, when this type of debt might work for you – and how to get support if you face financial stress.
In this section
Is a personal loan right for you?
A personal loan lets you borrow money, usually for a particular reason, e.g. to buy a car, pay for a special event, or consolidate your debts.
Your budget is a key financial tool that helps you work out how much money you have left after paying essential expenses, e.g. power bills, rent, mortgage payments. If you don't have a budget, our free budget planner can help you create one.