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Types of Personal Loans
Compare monthly payment options from several lenders in under 2 minutes.
Our customers sayExcellent4.6 out of 5 based on 1116 reviews
Our customers sayExcellent4.6 out of 5 based on 1116 reviews
Different Types Of Personal Loans
Most consumers who apply for a personal loan are taking out an unsecured loan. Unsecured personal loans are structured as a form of installment loan where equal monthly payments are made during a set repayment period to spread out the burden of paying off the debt. Unsecured personal loans are the most common form of personal loan. Unlike other forms of financing where your personal assets may be used to “back up” or secure the loan, unsecured personal loans rely on your creditworthiness to determine the outcome of your application.
When compared to secured personal loans, the application process for an unsecured loan is much simpler, and most importantly you do not run the risk of losing your assets or collateral.
Explore all the things a personal loan can do for you today at Acorn Finance.
Take a few minute to answer few questions, and we'll match you with the right range of lenders to consider
2
Choose your loan
Find your favorite marketplace of offers and apply directly with the lender you prefer
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Do your project
If you're approved, use your funds to cover all your costs now, and pay the lender back month by month
We’ve helped over a million customers, and we’re just getting started
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The loan process was fast and easy.
The loan process was fast and easy.
Michelle Warner,
2 days ago
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The application process was very easy
The application process was very easy, secure and quick.
Mark,
6 days ago
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Excellent service
Excellent service
ysela carrillo,
6 days ago
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Very easy and simple loan process
Very easy and simple loan process. Fast approval .
Dennis C.,
Nov 25
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great experience!
the process was fast, easy and user friendly
EOC,
Nov 25
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Provided good solid choices with decent…
Provided good solid choices with decent interest rates
Beth,
Nov 16
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Smooth process
Smooth process, several great offers. Easy funding. Will definitely use in the future and recommend to others.
DennisB,
Nov 15
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Was quick and easy thanks
Was quick and easy thanks
Eric Wright,
Nov 13
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Seamless experience
Seamless experience. No complaints on getting the loan process completed.
Erika Oliver,
Nov 12
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Quick and easy way to find and compare…
Quick and easy way to find and compare personal loan opportunities.
Oye,
Nov 11
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Quick response and approval to my…
Quick response and approval to my request.
Eddie G,
Nov 11
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Fast but misleading first responses
It was good, but having the rates "as low as" a percentage is a bit misleading in first response from lenders. Actual rates will be higher after review of personal history.
John Ravold,
Nov 9
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Easy and fast
Easy and fast! Can’t recommend enough.
Sara Sokol,
Nov 8
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The experience was fast and easy
The experience was fast and easy. Great service and very pleased.
Artis Johnson,
Nov 7
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Great experience.
Great experience.
Easy process!
Janet Thorne,
Nov 5
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Simple process
Simple process. Many offers to choose from.
Andrew S,
Nov 5
Rated 4.6 / 5 based on 1116 reviews. Trustpilot
What can I do with a $2,000 personal loan?
A $2,000 personal loan has a number of uses, including (but not limited to):
Home improvementBuying a carWedding costs
Debt consolidationMedical billsStartup business costs
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