personal loan


An amount given to an individual to use for personal benefit that must be paid off at a specified time.

Use personal loan in a sentence

You should only consider giving out a personal loan to someone that you fully trust to pay you back no matter what.

​ Was this Helpful? YES  NO 5 people found this helpful.

I had so many things wrong with my vehicle that, even to fix them myself, I would have to take out a personal loan just for parts and tools.

​ Was this Helpful? YES  NO 3 people found this helpful.

Anita had decided that her need to travel was strong enough that she would take out a personal loan in order to finance her airfare and accommodations.

​ Was this Helpful? YES  NO 2 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
passbook loan consumer bank