Managing your personal loan

You know that you need that extra bit of cash, and you've decided on a personal loan, so now you need to know the best way to go about managing your loan!!

Before approaching a lender try to work out exactly how much you need to borrow and for how long. Often the longer the term of a loan, the lower the interest you pay, but, it may be cheaper to repay the loan quicker at a slightly higher rate, use the table below to help work out what you need:

Do you know....	If not, then....
how much you need to borrow?	Obtain quotations and estimates for the item(s) you want the loan for
how much the loan will cost overall including interest?	Use our loan repayment calculator to work out the total cost of your loan using different interest rates
how long you need to pay the loan back?	Use our calculator to work out how long it might take to repay your loan
how much you can afford each week, fortnight or month to repay the loan?	Use our loan calculator to work out what your repayments might be

 

Download the Personal Loan PDF Guide here - see our other free PDF guides here

Guide Contents

What are personal loans?
Managing your personal loan
Secured Loans - Unsecured Loans - Types of Loans
Loans Online - Find a loan that suits you
Apply for a loan
Personal Loan - FAQ's
Where can I go to get more personal loan help?

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