What are Personal Loan amounts and terms?

Personal Loans usually vary from $1,000 to $35,000 depending on the lender. Some of them may offer up to $100,000. The sum you can get approved for can also depend on your creditworthiness and income.

Must know!
The higher the FICO score is, the larger Personal Loan amount yoou can get.

The repayment terms are also various. Most lenders give Personal loans for minimum 6 - maximum 60 months, sometimes up to 7 years. The repayment is done in equal monthly, weekly, or biweekly installments. There is usually no prepayment penalty fee. 


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