Personal loans

What is a personal loan

A sum of money is provided directly to the applicant, who undertakes to repay it to the lender according to an agreed repayment plan. A Personal Loan differs from a tied loan or Hire Purchase, because it is not restricted to the purchase of particular goods or services.

Why apply for a personal loan
By providing money in advance, this kind of loan means borrowers can plan purchases, manage their cash flow and improve their lifestyle both now and in the future.

Who are personal loans for

The loans are for all kinds of working people who can show evidence of their income, whether they are employees (in the public or private sector), professional people, craftsmen, self-employed, pensioners or "freelance workers" (temporary workers, independent contractors, etc.) 

Insurance policies

One or more insurance policies can be added on to Crédit Lift products: in particular, the Death/Disability policy which takes care of the repayments when you can't because of some serious misfortune. The policy is optional, and the premiums are funded as part of your repayment plan; it is not included in calculating the TAEG.

To find out more go to the page on Crédit Lift insurance products.