What are Personal Loan amounts and terms?

Personal Loans usually vary from $1,000 to $35,000 depending on the lender. Some of them may offer up to $100,000. The sum you can get approved for can also depend on your creditworthiness and income.

The repayment terms are also various. Most lenders give Personal loans for minimum 6 - maximum 60 months, sometimes up to 7 years. The repayment is done in equal monthly, weekly, or biweekly installments. There is usually no prepayment penalty fee.