Low rate
personal loans
With a personal loan, you can buy a car, consolidate your debts, renovate your home, travel and more.
We can help you find the best personal loan for your needs.
Personal Loans
Consolidating credit card or debt
Covering unexpected medical expenses
Funding education or training courses
Financing a holiday or wedding
Renovating your home
Buying a car or other large purchases
Types of Loans
When purchasing or owning a major item like a boat, lenders may accept it as security for a loan, potentially offering a lower interest rate due to the reduced risk. This can also improve your chances of approval. At NRG Finance, we’ll work with you to assess the pros and cons of a secured loan and help you determine the best option for your unique situation. Our goal is to provide a solution that aligns with your financial goals and ensures you’re set up for success.
Frequently asked questions
Qualification depends on factors like your credit score, income, employment history, and debt-to-income ratio. Lenders use these to assess your ability to repay the loan.
Secured loans require collateral (like a car or savings account) which the lender can claim if you default. Unsecured loans don’t require collateral, but they may have higher interest rates due to the increased risk for the lender.
Personal loans typically have repayment terms between 1 and 7 years. Shorter terms usually mean higher monthly payments but less interest paid overall.
