Terabank’s Consumer Loan is a standard personal-financing product for goals such as travel, equipment purchase or renovation. Alongside it, the bank offers an Online Installment option for buying from Terabank partner stores, and a Cash Covered Loan secured by the customer’s own deposit.
The cash-covered variant lets borrowers keep their savings while accessing funds, with a repayment method of their choice.
What's good
- Online installment at partner stores
- Deposit-secured option keeps savings
Trade-offs
- Rate not published online
- Installment limited to partner stores
