Personal Loans

Whether you need to pay for a holiday, home renovations, or a wedding,
you can be approved often within 24 hours with a personal loan arranged by
The Lending Room.

A Personal Loan from us is also a great way to take care of unexpected bills like car repairs or medical expenses. Whatever the reason, we can help with a professional, independent and confidential personal loan.

A Lending Room Loan – The Smart Way

Many people will pull out the credit card or draw-down
on their mortgage for those sorts of expenses, but a personal loan is often the smarter option because:

• The interest rate on personal loans can be much less than the rate on your credit card.
• A personal loan from The Lending Room means you regularly reduce the debt with fixed term payments rather than allowing the original debt to stay on your credit card and for interest payments to mount up over time.
• Unless you increase your repayments on your mortgage, the accumulated amount of interest you’ll pay over the term of your home loan can add up to a lot more than what you pay on a
  short-term personal loan.

Your Repayment Options

You can make repayments monthly, fortnightly or weekly by Direct Debit. It’s easy and convenient, just set and forget.

The actual rate you pay will depend on a number of things including your financial situation and credit history. We’ll let you know the exact rate once you apply for your loan – all we need is some straightforward info about your circumstances, income and expenses.