Personal Loan in a sentence

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Synonym: consumer loan.

Meaning: a loan given to an individual for personal use, often unsecured


Personal Loan in a sentence

(1) He is prequalified for a personal loan.

(2) I used a personal loan to buy a new car.

(3) The balance is payable with a personal loan.

(4) He used a personal loan to invest in stocks.

(5) I owe a balance of $500 on my personal loan.

(6) The borrower defaulted on their personal loan.

(7) She used a personal loan to purchase a new car.

(8) She used her bonus to pay off her personal loan.

(9) She took out a personal loan to pay off the fine.

(10) They used a personal loan to renovate their home.



Personal Loan sentence

(11) The borrower is in arrears on their personal loan.

(12) He used a personal loan to pay for a wedding ring.

(13) I am repaying a personal loan from a family member.

(14) The borrower was in arrears with his personal loan.

(15) The borrower owes a balance on their personal loan.

(16) The credit amount for the personal loan was $7,500.

(17) The credit amount on his personal loan was $10,000.

(18) The bank offered me a personal loan for my vacation.

(19) They took out a personal loan to fund their wedding.

(20) The bank agreed to release funds for a personal loan.




Personal Loan make sentence

(21) They took out a personal loan to purchase a new boat.

(22) He used a personal loan to pay for a luxury vacation.

(23) The interest rate on her personal loan was quite high.

(24) They used a personal loan to start their own business.

(25) He used a personal loan to invest in the stock market.

(26) I'm working extra hours to spend off my personal loan.

(27) The credit union preapproved my personal loan request.

(28) He wants to take out a personal loan to buy a new car.

(29) He took out a personal loan to start his own business.

(30) I used a personal loan to start a small side business.



Sentence of personal loan

(31) I'm planning to apply for a personal loan at City Bank.

(32) He used a personal loan to purchase a piece of artwork.

(33) I'm applying for a personal loan to clear my overdraft.

(34) They took out a personal loan to cover moving expenses.

(35) The borrower owes money to the bank for a personal loan.

(36) She used a personal loan to pay for her college tuition.

(37) She applied for a personal loan to buy a new motorcycle.

(38) He took out a personal loan to cover his legal expenses.

(39) I'm working overtime to owe off my personal loan sooner.

(40) The interest period for this personal loan is 12 months.




Personal Loan meaningful sentence

(41) I need to pay off the balance I owe on my personal loan.

(42) They used a personal loan to cover their moving expenses.

(43) The lender had to charge off the unsecured personal loan.

(44) She used a personal loan to pay off her credit card debt.

(45) He used a personal loan to consolidate his student loans.

(46) She financed her cosmetic surgery through a personal loan.

(47) The borrower owes money to the lender for a personal loan.

(48) He used a personal loan to pay for his daughter's wedding.

(49) The bank granted him extended credit on his personal loan.

(50) He is using his bonus to pay off his wife's personal loan.



Personal Loan sentence examples

(51) They decided to take out a personal loan to adopt a child.

(52) She refinanced her personal loan to fund a dream vacation.

(53) They paid for their wedding expenses with a personal loan.

(54) The minimum balance for a personal loan account is $1,000.

(55) They took out a personal loan to fund a home down payment.

(56) He used a personal loan to pay for a home security system.

(57) She applied for a personal loan to cover funeral expenses.

(58) The personal loan allowed him to buy a new laptop for work.

(59) He took out a personal loan to pay for his college tuition.

(60) I used a personal loan to pay for a major dental procedure.



Sentence with personal loan

(61) He used a personal loan to consolidate his credit card debt.

(62) They used a personal loan to pay off their credit card debt.

(63) The bank approved my credit transaction for a personal loan.

(64) The frozen credit prevented me from getting a personal loan.

(65) I used a personal loan to pay for a master's degree program.

(66) She applied for a personal loan to finance a dream vacation.

(67) I need to calculate the interest charges on my personal loan.

(68) He was denied a personal loan due to his poor credit history.

(69) They used a personal loan to pay for their child's education.

(70) The personal loan allowed him to take a much-needed vacation.




Use personal loan in a sentence

(71) He refinanced his personal loan to pay off his medical bills.

(72) I used a personal loan to purchase new furniture for my home.

(73) She used a personal loan to cover unexpected medical expenses.

(74) She is worried about the high repayments on her personal loan.

(75) He wants to take out a personal loan to invest in real estate.

(76) She is making monthly payments to paddy off her personal loan.

(77) The bank offers a personal loan with a floating interest rate.

(78) The personal loan offers a fixed interest rate for five years.

(79) The interest charges on my personal loan are quite reasonable.

(80) I need to negotiate a lower interest paid on my personal loan.



Sentence using personal loan

(81) She applied for a personal loan to cover her medical expenses.

(82) The borrower is in arrears with their personal loan repayment.

(83) The finance company will charge interest on the personal loan.

(84) She was denied a personal loan due to her poor credit standing.

(85) They were able to consolidate their debts with a personal loan.

(86) I'm using a personal loan to spend off my credit card balances.

(87) He plans to take out a personal loan to start his own business.

(88) The credit interest on my personal loan is lower than expected.

(89) She applied for a personal loan to start a home-based business.

(90) I used a personal loan to pay for a professional certification.



Personal Loan example sentence

(91) I'm using my savings to pay off the balance on my personal loan.

(92) They used a personal loan to fund their home remodeling project.

(93) I need to take out a personal loan to cover my medical expenses.

(94) She is going to take out a personal loan to pay for her wedding.

(95) He plans to pay off his personal loan over the next three years.

(96) The lender offered to underwrite up front for the personal loan.

(97) The personal loan will bear interest until it is fully paid off.

(98) She applied for a personal loan to cover unexpected car repairs.

(99) She applied for a personal loan to finance a musical instrument.

(100) They took out a personal loan to fund a home remodeling project.



Sentence with word personal loan

(101) I authorized a credit inquiry when applying for a personal loan.

(102) He is making regular payments to the bank for his personal loan.

(103) The bank offered a personal loan on easy terms for the borrower.

(104) She is going to take out a personal loan to fund her art project.

(105) It is beneficial to amortize your personal loan against interest.

(106) I'm focused on paying off my personal loan down to the last cent.

(107) She visited the loan bank to inquire about personal loan options.

(108) The bank informed me about the interest paid on my personal loan.

(109) She applied for a personal loan to pay for her child's education.

(110) The bank approved his personal loan application within a few days.



Sentence of personal loan

(111) They decided to take out a personal loan to remodel their kitchen.

(112) She decided to take out a personal loan to start a small business.

(113) The bank offered flexible repayment terms for their personal loan.

(114) The high-interest personal loan allowed me to consolidate my debt.

(115) She is considering taking out a personal loan to invest in stocks.

(116) He wants to take out a personal loan to pay off his student loans.

(117) They took out a personal loan to fund a home theater installation.

(118) The lender offered to underwrite the personal loan over the phone.

(119) I was surprised by the amount of interest paid on my personal loan.

(120) The interest cost of the personal loan was higher than anticipated.



Personal Loan used in a sentence

(121) The bank offered a flexible repayment plan for their personal loan.

(122) The credit line on my personal loan allowed me to renovate my home.

(123) It is common practice to amortize a personal loan against interest.

(124) She decided to take out a personal loan to fund her dream vacation.

(125) He took out a personal loan to finance his home remodeling project.

(126) Owing back the personal loan has put a strain on my monthly budget.

(127) He was able to pay off his personal loan early and save on interest.

(128) She decided to take out a personal loan to pursue further education.

(129) The high-interest personal loan helped me cover unexpected expenses.

(130) I need to inquire about a personal loan at the bank round the block.



Personal Loan sentence in English

(131) The credit rate for this personal loan is fixed for the entire term.

(132) They took out a personal loan to pay for a home improvement project.

(133) The interest cost of the personal loan is fixed for the entire term.

(134) The bank clerk explained the process of applying for a personal loan.

(135) The borrower used a collateralized vehicle to obtain a personal loan.

(136) The floating interest rate on my personal loan is adjusted quarterly.

(137) She was able to secure a personal loan to pay for her dream vacation.

(138) She applied for a personal loan to fund her home improvement project.

(139) The bank is amortizing the personal loan over a period of five years.

(140) The hypothec of a bank account can be used to secure a personal loan.

(141) The lender was willing to underwrite on demand for the personal loan.

(142) I'm considering whether to apply for an overdraft or a personal loan.

(143) She couldn't get approved for a personal loan due to having no credit.

(144) I am considering taking out a personal loan from the building society.

(145) He wants to pay down on his personal loan to improve his credit score.

(146) He is selling some of his belongings to pay down on his personal loan.

(147) The bank is amortizing the personal loan over a period of seven years.

(148) They decided to take out a personal loan to cover unexpected expenses.

(149) He plans to take out a personal loan to pay for his child's education.

(150) She is going to take out a personal loan to cover her moving expenses.

(151) She is making monthly payments to pay off her personal loan over time.

(152) I want to pay off down my personal loan before taking on any new debt.

(153) The personal loan has a floating interest rate that can go up or down.

(154) I used a personal loan to pay for a family member's medical treatment.

(155) The adjustable-rate personal loan allowed us to consolidate our debts.

(156) The interest paid on my personal loan is fixed for the entire duration.

(157) They are considering taking out a personal loan to renovate their home.

(158) He plans to take out a personal loan to start a nonprofit organization.

(159) The interest earned on the personal loan was fixed for the entire term.

(160) He used a personal loan to pay for a professional certification course.

(161) The bank denied my request for a personal loan due to having no credit.

(162) They decided to take out a personal loan to support a loved one in need.

(163) The floating rate on my personal loan is tied to the Treasury bill rate.

(164) I'm working extra hours to pay off my unpaid balance on my personal loan.

(165) They decided to take out a personal loan to cover their wedding expenses.

(166) The personal loan has a fixed interest rate and a quick approval process.

(167) They are selling their unused electronics to pay off their personal loan.

(168) They are thinking of taking out a personal loan to buy a second property.

(169) The interest cost of a personal loan can be influenced by credit history.

(170) The lender confirmed credit for the customer's personal loan application.

(171) The monthly statement includes the interest payable on the personal loan.

(172) The bank provided a detailed amortization schedule for the personal loan.

(173) The online lender will charge interest on the personal loan you apply for.

(174) The variable interest rate on my personal loan is tied to the LIBOR index.

(175) She is considering taking out a personal loan to pursue further education.

(176) The personal loan was dischargeable upon completion of the repayment plan.

(177) The usurious rates on the personal loan made it difficult for me to repay.

(178) I need to make a final payment to zero out the balance on my personal loan.

(179) They took out a personal loan to pay off the balance on their credit cards.

(180) The customer chose a floating rate personal loan for their home renovation.

(181) The finance house offers competitive rates on their personal loan products.

(182) Prequalifying for a personal loan can help you finance unexpected expenses.

(183) They are thinking of taking out a personal loan to consolidate their debts.

(184) I'm determined to owe off my personal loan before the interest accumulates.

(185) He used a personal loan to pay the balance on his outstanding student debt.

(186) She refinanced her personal loan to pay off high-interest credit card debt.

(187) The interest charges on my personal loan are added to the principal amount.

(188) The lender has agreed to reduce the monthly repayments on my personal loan.

(189) The lender confirmed my creditworthiness before granting me a personal loan.

(190) I'm focused on paying off my personal loan down to zero as soon as possible.

(191) I received a payment notice for the outstanding balance on my personal loan.

(192) I prefer to set up a direct debit for my monthly payment for a personal loan.

(193) He missed a few repayments on his personal loan and his credit score dropped.

(194) They are determined to pay off their personal loan over the next three years.

(195) Co-signing for a personal loan with undefined collateral is a risky decision.

(196) The high interest rate on my personal loan is making it difficult to pay off.

(197) The repayments on my personal loan are fixed, so they won't change over time.

(198) The nominal interest rate on this personal loan is fixed for the entire term.

(199) I need to make a payment to reduce my outstanding balance on my personal loan.

(200) The personal loan comes with a fixed interest rate and fixed monthly payments.

(201) I'm considering taking out a personal loan to pay off the overdraft in one go.

(202) Avoid overdraw into your personal loan to prevent additional interest charges.

(203) I am considering a personal loan to consolidate debt and simplify my payments.

(204) The borrower had to collateralize their car in order to obtain a personal loan.

(205) The high interest rate on my personal loan is making it challenging to pay off.

(206) The lender required the borrower to underwrite on credit for the personal loan.

(207) They are thinking of taking out a personal loan to pay for a major home repair.

(208) Meeting my financial obligation to pay off my personal loan is important to me.

(209) The rate of interest on my personal loan is fixed for the duration of the term.

(210) I'm considering whether to take out a credit card or apply for a personal loan.

(211) I was able to avoid interest charges on my personal loan by paying it off early.

(212) The personal loan comes with a fixed interest rate and flexible repayment terms.

(213) I'm determined to pay off my personal loan in full to achieve financial freedom.

(214) They took out a personal loan to support their family during a financial crisis.

(215) The fixed interest rate on the personal loan is locked for the entire loan term.

(216) I am considering applying for a personal loan to fund my home renovation project.

(217) I'm budgeting carefully to ensure I can pay off the interest on my personal loan.

(218) They are making sacrifices to earn down their personal loan and become debt-free.

(219) Failing to pay the interest on your personal loan can lead to legal consequences.

(220) The creditworthy individual was able to qualify for a low-interest personal loan.

(221) The subprime personal loan industry has faced allegations of deceptive practices.

(222) The credit union confirmed my credit history and provided me with a personal loan.

(223) I cannot cosign for a personal loan without understanding the purpose of the loan.

(224) It is crucial to manage your expenses to prevent overdraw into your personal loan.

(225) The borrower was given a notice of default for failing to repay the personal loan.

(226) The bank clerk patiently explained the procedure for applying for a personal loan.

(227) I am considering taking out an interest-free personal loan to consolidate my debts.

(228) The credit rate for this personal loan is lower for existing customers of the bank.

(229) The interest payable on the personal loan is fixed for the entire repayment period.

(230) Missing a payment on your personal loan can negatively impact your creditworthiness.

(231) The individual is budgeting carefully to pay off the principal on the personal loan.

(232) She is worried about the high interest rate on the repayments for her personal loan.

(233) The bank acceptance of the personal loan application helped me consolidate my debts.

(234) The borrower had to sell their car to make the balloon payment on the personal loan.

(235) The creditworthy borrower was able to obtain a personal loan for debt consolidation.

(236) The bank interest on my personal loan is increasing the total amount I have to repay.

(237) The high-interest rates on my personal loan are making it difficult to make progress.

(238) The bank required a personal guarantee from the borrower to approve the personal loan.

(239) I am struggling to meet the repayments on my personal loan due to unexpected expenses.

(240) The bank offered a competitive interest rate for the amortisation of the personal loan.

(241) She is working on a payment plan to earn down the amount she owes on her personal loan.

(242) The borrower had to collateralize their savings bonds to qualify for the personal loan.

(243) The credit rate for this personal loan is based on the borrower's debt-to-income ratio.

(244) The personal loan has a variable interest rate that can increase or decrease over time.

(245) We need to amortize down the remaining balance on the personal loan to become debt-free.

(246) The credit rate for this personal loan is higher for borrowers with lower credit scores.

(247) The interest payable on the personal loan is calculated using a simple interest formula.

(248) The credit standing of the customer will be considered before approving a personal loan.

(249) The interest period for this personal loan is determined by the borrower's credit score.

(250) The borrower struggled to save enough money for the balloon payment on the personal loan.

(251) The bank considers my credit capital when determining my eligibility for a personal loan.

(252) The creditworthy individual was able to qualify for a personal loan with favorable terms.

(253) The bank allowed the borrower to collateralize their stocks and bonds for a personal loan.

(254) The customer logged into their online banking to clear the balance on their personal loan.

(255) I'm making extra payments to pay off my personal loan down to zero as quickly as possible.

(256) The borrower approached the lender to rediscount a personal loan at a more favorable rate.

(257) I have been making consistent efforts to pay off the principal amount of my personal loan.

(258) The annual percentage rate for the personal loan is higher for borrowers with poor credit.

(259) The lender requested my credit status report to assess my eligibility for a personal loan.

(260) The loan officer will prequalify you for a personal loan based on your financial situation.

(261) Owing between $10,000 and $15,000, she had to take out a personal loan to pay off her debts.

(262) The financial institution allowed the customer to underwrite on credit for the personal loan.

(263) The contract for the personal loan specifies a prepayment penalty if you make extra payments.

(264) The borrower had to collateralize their antique collection in order to secure a personal loan.

(265) The lender has increased the repayments on my personal loan due to a change in interest rates.

(266) The bank provided a repayment plan to help me pay off the principal amount of my personal loan.

(267) The borrower chose a floating rate personal loan to take advantage of potential rate decreases.

(268) It's important to make consistent payments in order to pay off the principal on the personal loan.

(269) The borrower had no choice but to collateralize their savings account to obtain the personal loan.

(270) The bank required hypothecation of the borrower's savings account before granting the personal loan.

(271) It is important to compare different banks to find the best annual interest rate for a personal loan.

(272) I was able to secure a favorable interest rate on my personal loan due to my excellent credit status.

(273) I am hesitant to take out a personal loan due to the high annual interest rate charged by most lenders.

(274) Co-signing for a personal loan with undefined interest rates can lead to higher than expected payments.

(275) The borrower's failure to make timely payments caused them to fall into default on their personal loan.

(276) The average interest rate on a personal line of credit is typically higher than that of a personal loan.

(277) The customer was determined to pay off their personal loan in full to improve their financial situation.

(278) The borrower had no choice but to collateralize their certificate of deposit to obtain the personal loan.

(279) The personal loan has a variable interest rate that can be modified based on the borrower's creditworthiness.

(280) I received a tax refund and decided to allocate it towards paying off the principal amount of my personal loan.

(281) The usurious interest rates on the personal loan made it challenging for the borrower to make timely repayments.

(282) The personal loan agreement has a prepayment penalty if you decide to pay off the loan before the agreed-upon term.

(283) I am considering taking out a personal loan from the savings and loan association to fund a home renovation project.

(284) The personal loan agreement has a prepayment penalty if you decide to pay off the loan before the agreed-upon period.

(285) The average interest rate on a personal loan for debt consolidation can vary depending on the borrower's credit score.

(286) The borrower was relieved to have a floating interest rate on their personal loan as it allowed for early repayment without penalties.



Personal Loan meaning


Personal Loan: Tips for Using the Phrase in a Sentence A personal loan is a financial tool that allows individuals to borrow money for various personal expenses, such as consolidating debt, funding a vacation, or covering unexpected medical bills. When using the phrase "personal loan" in a sentence, it is essential to ensure clarity and accuracy. Here are some tips on how to effectively incorporate this term into your writing:


1. Define the term: When introducing the phrase "personal loan" in your sentence, it is helpful to provide a brief definition or explanation.

For example, "A personal loan is a type of unsecured loan that individuals can obtain from a bank or financial institution."


2. Contextualize the purpose: To make your sentence more meaningful, consider providing context about why someone might need a personal loan. For instance, "John applied for a personal loan to cover the cost of his home renovation project."


3. Highlight the benefits: If you want to emphasize the advantages of a personal loan, mention them in your sentence.

For example, "A personal loan offers borrowers flexibility in terms of repayment options and competitive interest rates."


4. Mention the lender: If you are referring to a specific financial institution or lender, include their name in your sentence. For instance, "Samantha secured a personal loan from XYZ Bank to start her small business."


5. Discuss the loan amount: If the loan amount is relevant to your sentence, be sure to include it.

For example, "The personal loan she obtained was for $10,000, which she used to purchase a new car."


6. Describe the repayment period: If the duration of the loan is important, mention it in your sentence. For instance, "The personal loan had a repayment period of five years, allowing him to comfortably pay off the debt."


7. Highlight the interest rate: If the interest rate is a significant factor, include it in your sentence.

For example, "She was pleased to secure a personal loan with a low-interest rate of 5%."


8. Use the phrase in a question: To engage readers or initiate a discussion, consider using the phrase "personal loan" in a question. For instance, "Have you ever considered applying for a personal loan to fund your dream vacation?"


9. Compare personal loans: If you want to discuss the differences between personal loans and other types of loans, incorporate a comparison into your sentence.

For example, "Unlike a mortgage, a personal loan does not require collateral."


10. Provide a cautionary note: If there are potential risks or considerations associated with personal loans, it can be helpful to mention them in your sentence. For instance, "Before applying for a personal loan, it is important to carefully review the terms and conditions to avoid any hidden fees or penalties." Remember, when using the phrase "personal loan" in a sentence, it is crucial to ensure that it fits naturally within the context and effectively conveys the intended meaning. By following these tips, you can enhance your writing and effectively communicate your ideas related to personal loans.





The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Personal Loan. They do not represent the opinions of TranslateEN.com.