1. A loan of money to an individual for personal use, typically unsecured and based on creditworthiness
She took out a personal loan to pay for her wedding expenses.
Ela contraiu um empréstimo pessoal para pagar as despesas do seu casamento.
2. A type of credit extended by a bank or financial institution without requiring collateral
Personal loans usually have higher interest rates than mortgages.
Os empréstimos pessoais geralmente têm taxas de juros mais altas que as hipotecas.