Personal loans fall 3.1% in February

Personal loans fall 3.1% in February
The value of new personal loans has fallen 3.1 per cent to $ 6.62 billion. Commercial loans, which include investor housing finance, surged 5.6 per cent to $ 42.86 billion in February, while lease finance slumped 3.3 per cent to $ 600 million, compared …
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Sophie ElsworthNews Corp Australia Network
And their popularity shows no signs of easing with personal loan lending up 2.1 per cent to a whopping $ 7.3 billion in December, according to Australian Bureau of Statistics data. These products are different to credit cards that don't have to be paid …
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Where you live impacts personal loans
The burden is on the lender to stay within the rules, and these restrictions will pop up on their website as you apply to be either a borrower or an investor. For example, a personal loan from Prosper is not available to borrowers in Iowa, Maine and …
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