Keep your goals on track with a personal loan

Personal loans are often used to fund big projects and necessities that might otherwise be out of reach. But there are other ways they can support your financial journey, too.

Whether your goals include buying or selling property, streamlining repayments, or even getting married, a personal loan could help you stay on track to reach them.

Here are just some of the ways a personal loan can help you get closer to your target.

Simplify your debts

If you’re looking to simplify your budget and have greater control over your finances, debt consolidation could be a very useful way to use a personal loan.

By consolidating multiple debts into one repayment with a personal loan, you could budget more easily, boost your credit score, and potentially save money.

Increase property value

If you’re a homeowner, you're hoping your property will be worth more than you paid for it. The good news is even minor changes can have a big impact on property value.

Even if you don’t have the cash for home improvements right now, a personal loan could help you upgrade appliances, work on the garden, or even renovate the kitchen – without using a credit card.

Reduce LMI costs

The costs of homeownership can quickly add up. If you’re buying a house without a 20% deposit, you may also need to buy lenders mortgage insurance (LMI).

A personal loan could cover the difference in your deposit, as well as see you avoid this fee and pay less interest in the long term.

Is a personal loan the right for you?

When considering securing a personal loan to help you achieve your goals, getting the right advice is a smart first step.

Reach out to a Liberty Adviser today to see how a personal loan could help you put your plans in motion sooner.