Financing for your Personal Loans

Personal loans can be used for a variety of purposes, including debt consolidation, home improvements, travel expenses, education costs, medical bills and other personal expenses. The Madd Team can help you find the best loan option tailored to your specific needs.

To qualify for a personal loan, you typically need to provide identification, proof of income and financial statements. Lenders will also assess your credit score and financial history. Madd can assist you in preparing the necessary documentation and finding lenders that match your financial profile.

The interest rate for a personal loan varies depending on factors such as your credit score, loan amount and repayment term. They are generally higher in interest rate because they are an unsecured loan, meaning there is no physical asset they are loaning against. Though their interest rates are higher than your usual car loan for example, they generally have low early exit fees or no fees. Madd works with multiple lenders to secure the most competitive interest rates available, ensuring you get the best deal possible.

Yes, it is possible to get a personal loan with bad credit, although it may come with higher interest rates and stricter terms. Our team specialises in finding lending options for individuals with varying credit profiles, helping you secure a loan that meets your needs.

The approval process for a personal loan can vary, but Madd strives to make it as quick and efficient as possible. Once all necessary documentation is submitted, approvals can often be secured within a few days to a week. Our team will keep you informed throughout the process and work to expedite your application.