Thread: Personal loans
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Old 1st December 2007, 09:01 PM
173232 173232 is offline
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Well, I found personal loan is the most easy & hassle free way to get the loan. One thing u can do is negotiate the interest rates with these agents of private banks..... talk to 3-4 banks & try to find the best deal...they do reduce their int rates when you tell them that xyz bank is offering me xxx rate, can u offer the rate lower than that ?

if u r going for big amounts u certainly get good rates.

I have a couple of personal loans going on at 11 % reducing balance.
The only drawback is the repayment period is max. 5 years.

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