Borrow against your investments or bank deposits in exchange for a better rate.
You'll have access to the funds you need without having to tap into your account, but it will be used as collateral so that you can benefit from a generally lower rate. This loan option can be a good option for borrowers who are looking to strengthen their credit with a manageable loan option.
Savings or stock secured personal loans can be used for large purchases (furniture, vacation, weddings), home improvements, and almost any other large purchase. It cannot be used for Educational expenses.