Frequently Asked Questions
What can personal loans be used for?
Personal loans can be used for a number of different purposes. These include things like:
âž” Debt consolidation
➔ Car loans
➔ Travel loans
➔ Home improvements
➔ Wedding loans
➔ Medical loans
What is debt consolidation?
Debt consolidation is bringing all of your existing debts together into one new debt, which can help you manage your repayments and give you a clearer picture of your financial future.
What's the difference between secured and unsecured personal loans?
Secured loans are when the asset you are purchasing is used as collateral for the loan. For example, collateral on a car loan could be the vehicle that you’re purchasing. Unsecured loans are when there is no collateral or security against the loan. They are typically a riskier investment for lenders, which is why interest rates on these loans are generally higher.
Why Choose Inovayt
Simple
Finding the right financing to match your needs and goals is never an easy task. Our team prides themselves on finding the right solution for each client, regardless of their personal situation.
Flexible
Our brokers work hand in hand with our clients, to ensure they receive the best possible outcome. We are available to chat face to face, online, or via phone, at a time that suits you.
Solutions-driven
Our focus is always about achieve the best possible outcomes for our clients. We will tackle any hurdles that may come up, to ensure that you are satisfied and have achieved your desired outcome.