Car loan, salary loan and housing loan are the top 3 personal loans in the market. The definition of personal loan according to business dictionary is a “consumer loan granted for personal (medical), family (education, vacation), or household (extension, repairs, purchase of air conditioner, computer, refrigerator, etc.) use, as opposed to business or commercial use. http://www.compareking.ph/personal-loans/car-loan-salary-loan-housing-loan-compareking-ph/