Can I get a Personal Loan in a bank?

Most often Personal Loans are applied for online from direct lenders, or in a store. It's more convenient, faster and more flexible. But some borrowers prefer a traditional way of getting money from a bank. 

Banks do offer Personal Loans in different amounts, but they:

• require stricter eligibility criteria such as good credit history and FICO score, bank account;
• have longer turnaround time;
• can be even more expensive due to hidden fees;
• don't always have a good customer service.

So, before choosing a bank to get a Personal Loan:

• Make sure that you have an account in this company. Maybe they will offer you some discount programme.
• Learn all the lending terms and conditions to avoid hidden fees.
• Check out all the other options, compare and choose the best one.