If you’re thinking of consolidating your loans, credit and store cards into one, you should know that it might mean extending the term (that’s the length in months) of your debt, as well as increasing the total amount you repay.

Unlike some other car finance options, a car loan will allow you to keep your car once you’ve paid it off in full. Usually, a car loan is an unsecured personal loan. This means that the loan isn’t secured against your property.

A holiday loan can be an unsecured personal loan or a secured loan used to fund a holiday. With unsecured personal holiday loans, the lender will lend you a fixed amount of money over a set amount of time. You’ll then need to pay it off in monthly instalments, plus interest.

Wedding loans come in all shapes and sizes. Here at Medifinance, our lenders can offer personal unsecured loans of up to $25,000. If you’re a homeowner, secured loans might also be an option for you. This type of loan typically allows people to borrow larger amounts over longer repayment terms.

A home furnishing loan is usually an unsecured personal loan used to buy new furniture, such as a sofa or washing machine. With an unsecured home furnishing loan, you’ll borrow a fixed amount over a set amount of time, then pay it back in monthly instalments, plus interest.