Hi

That's a pretty difficult one to answer as it is based on a number of your own personal financial factors. With a personal loan you will not be able to borrow as much money compared to a loan borrowed against your assests, such as your house. Also with a personal loan you will have to repay the loan over a shorter period of time.

The bottom line is you can get both a personal loan and secured loan for the same repayment period. However with a personal loan the repayments will be higher so that may be your main consideration compared to how fast you can repay the loan.

The Quick Loans Team