With a personal loan through Upgrade, you can borrow $1,000 to $35,000. Funds are sent directly to the account that you choose within a day of approval.† Personal Loan is an unsecured loan which is taken to meet a person’s current financial needs. There is no need for any security or collateral while applying for it. It provides you with the flexibility to use the funds according to your convenience and need. A personal loan is a short term unsecured loan that comes really handy when you have unexpected expenses to take care of. Personal loans can be used for various purposes that include consolidating credit card dues, setting up a new office, renovating a house, for wedding, purchasing business equipment, car or even for a much-awaited vacation and so on. A personal loan is an unsecured loan that can be used to pay for almost anything, from consolidating debt to renovating your kitchen. Unlike secured loans that require collateral, such as your car or house, a personal loan is backed only by your promise to repay the lender. To determine your eligibility as a borrower, lenders may look at your: A personal loan is an amount of money borrowed at a fixed rate that needs to be repaid in a specific amount of time. If you make the right decision, you could get a low rate for a personal loan and use it for debt consolidation or even home improvements. A Personal Loan is an unsecured loan that can be availed to fulfill any of your financial requirements. Since it is an unsecured loan, you do not have to pledge any collateral in order to avail it. A personal loan can be used for a variety of purposes. Easily apply to personal loans online to consolidate debt, pay off credit cards, or finance large purchases. Choose from top lenders and apply instantly. A personal loan is a lump sum of money borrowed from a financial institution that can be used for almost any purpose. You typically qualify based on your credit history and income. These loans also don't require collateral in most cases. Personal loans usually have fixed interest rates, relatively short repayment terms, and origination fees. A personal loan is an unsecured loan that is provided without any collateral. Generally available to salaried professionals for their personal use, a personal loan can be used for various purposes such as travel expenses, medical emergencies, meeting cash shortfalls, and buying gifts for special occasions. What is a personal loan? A personal loan is a type of unsecured loan that that you can borrow from a bank or financial institution if you require funds to pay for your financial needs. How does a personal loan work? You borrow a loan when you are in need of credit.