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Personal loan   /pˈərsɪnɪl loʊn/   Listen
Personal loan

noun
1.
A loan that establishes consumer credit that is granted for personal use; usually unsecured and based on the borrower's integrity and ability to pay.  Synonym: consumer loan.






WordNet 3.0 © 2010 Princeton University








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"Personal loan" Quotes from Famous Books



... addressed Mr. Robertson Jones. He explained that he was in this cruel plight, owing to his having devoted so many months to "The Genius." Even the actors had received something for the performances of the play they had given; but the author had received nothing at all. He asked Mr. Jones for a personal loan to help him in a great emergency; and he promised to repay it at the earliest possible moment. To which Mr. Jones made this reply—"Inasmuch as the failure of the play was due solely to your own obstinacy, it seems to me that your present experiences are affording exactly ...
— Love's Pilgrimage • Upton Sinclair



Words linked to "Personal loan" :   consumer loan, car loan, loan, automobile loan, auto loan



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