Article: Personally, you can always take a lend.

Jul 26, 2002 (The Australian

ABIX via COMTEX) -- Personal loans are starting to regain popularity in Australia after several years on the back burner. Borrowers have turned away from personal loans in favour of credit card loyalty schemes and mortgage linked loan facilities. Research shows that there are 640 personal loan products on offer in Australia. Of these, 81 per cent are offered by credit unions. Credit unions report strong lending in the personal loan area. Suncorp Metway's Bruce Weaver says personal loans offer the benefit of being able to be repaid early as well as the security of a fixed interest rate.

Publication Date: 27 July 2002

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