Consumer loans are unsecured or collateral depending on size. Advantages: - You can download more than a credit card. -Your repayment installments are fixed amounts each month, which can make the budget easier. -You can choose the repayment term. -You can consolidate several debts in one credit by possibly reducing your monthly repayment costs -You can make a payback or pay a personal loan in whole or in part at any time before the end of the contract without penalty.