The personal loan is a consumer loan that can be used to finance the project of your choice , unlike the assigned loan : purchase of a car, financing of leisure activities, travel, carrying out work, need for one-time cash, etc. .
You spend the sum lent as you see fit, without having to bring proof of its use to the lending institution.
You can take out a personal loan from banks, certain insurance companies, through a brokerage firm, a supermarket, or from an online financial institution.