Your personal loan may be secured to a vehicle that you own to reduce interest rate and repayment, and you may be required to pay an early exit fee or penalty. Oxcel Finance has a variety of personal loan lenders with various offers for different types of borrowers. We will match you with the suitable lender with the most suitable offer for your various needs. Our lenders provide personal loans for the following purposes:
1) Home Renovation
Home improvement loans can help you fund home repairs, renovations, and expansions. It can be used to improve your kitchen, construct a pool, or repair your roof. You may get a home improvement loan without putting your house up as collateral. They’re also frequently funded faster than other types of financing. The personal loan can be secured to a vehicle that you own outright to lower the rate even further.
2) Debt Consolidation
Debt Consolidation is the act of taking out a single loan to pay off multiple debts. If you have multiple debts (credit cards, other loans, etc), you can apply for a personal loan to consolidate them into a single liability and pay them off. Payments are then made on the new debt until it is completely paid off. Oxcel Finance will help you find the suitable personal loan for your debt consolidation.
In layman’s terms, a travel loan is funding for all of your travels. Facility amount can range from $5000 to $85,000 to be paid off within a year or two. It primarily covers all of your flights, so you can go wherever you want on credit and pay back over time. Oxcel Finance will help you secure the suitable travel loan with no messy paperwork and zero ongoing/early exit fees so you can take some time off work and have your dream vacation.
Wedding loans are often unsecured personal loans that allow you to borrow a specific amount of money for a specific amount of time while paying a fixed rate of interest. The loan can be secured to a car that you own to lower the rate and repayment.