Until recently, personal loans were merely used by borrowers consolidating debt. However, consumers have started to use them for home improvements and renovations, purchasing large appliance and in some cases paying for holidays and weddings.

With personal loans becoming a popular option for a diverse range of purchases, lenders have released new products to suit certain demographic needs. For instance, lenders have introduced new personal loans with extra repayments features to help millennial’s pay off debt quicker.

With so many products on the market, it can be difficult to know which one is most suitable for you.

At Mortgage IQ, we take the time to understand our client’s situation and help you narrow down products truly suit your needs. We also have access to over 40 lenders, allowing us to sort through hundreds of loan products from major banks and non-bank lenders.

We can help you fund:

  • Home improvements and renovations
  • Funding a start-up business
  • Large domestic appliances
  • Consolidating debt
  • Financing a holiday or wedding

If you are looking to take out a personal loan and would like to learn more about your options, speak to our team on (02) 8197 1788 or fill out our enquiry form and a member of our team will be in contact shortly.

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