Personal loan calculator - what it is and how to use

Aaliyahasaayn13 Sep, 2022Finance

Personal loans are one of the most preferred forms of credit among borrowers. This is because, unlike a home loan or an education loan, a personal loan does not limit the borrower to a certain kind of expense. With a personal loan, you can spend the loan amount to clear any personal expense of your choice. Now, while a personal loan can be beneficial for someone in need of funds, it is essential first to ensure that the loan is affordable.