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Old 10-29-2008, 08:09 PM
rogerthert's Avatar
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Exclamation General terms of a personal loan.

I have been inquiring about a person loan in the near future. I have not yet contacted specific places, though I have some in mind. Before I did, however, I was wondering what the terms of most personal loans were. Through somewhere like AIG for example.

I guess my questions can divided 2 ways.

1) Typically, for a $2,000 loan, how long would they give you to pay this back?
2) At a place like AIG, would the interest rate most likely be astronomical?

Thanks for any input here.
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Old 01-17-2009, 03:54 PM
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Default Re: General terms of a personal loan.

The loan repayment term depends on what is agreed - this can really vary, but remember the longer you pay, you more you pay.
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