1. a loan that establishes consumer credit that is granted for personal use; usually unsecured and based on the borrower's integrity and ability to pay; [syn: personal loan, consumer loan]
WordNet (r) 3.0 (2006):
personal loan
n 1: a loan that establishes consumer credit that is granted for
personal use; usually unsecured and based on the borrower's
integrity and ability to pay [syn: personal loan,
consumer loan]