Product	APR Range	Term	Loan Amounts	Origination Fees	Credit Score Needed	Learn More
#1		5.99% – 36.00% Fixed	3 or 5 Years	$2,000 – $35,000	1 – 5%	Good
#2		5.95% – 14.24%	3, 5, or 7 Years	$5,000 – $10,000	0%	Excellent
#3		4.99% – 35.99%	2 – 7 Years	$1,000 – $100,000	0 – 6%	Average
#4		5.32% – 30.99%	Up to 5 Years	$1,000 – $40,000	1 – 6%	Bad
#5		4.89% – 29.99%	3 – 5 Years	$1,000 – $50,000	1 – 6%	Average
#6		5.99% – 35.99%	3 – 5 Years	$1,000 – $35,000	0%	Average

Personal loans are a form of unsecured debt. This means that the debt doesn’t have an asset that can be repossessed or foreclosed in the event that you default. From a consumer perspective, personal loans are safer than auto loans or mortgages which require you to forfeit your car or home if you default. Of course, a personal loan isn’t free money. Many consumers will take on personal debt to inflate their lifestyle.

At CentSai, we recommend that you apply smart financial behavior when you consider personal loans. In many cases, saving in advance can eliminate your need for a personal loan. Likewise, you may be just as happy choosing a less expensive option that doesn’t require debt. Thinking outside the box may allow you to achieve your goals without taking on debt. But a personal loan may fit into your financial plan.