Personal Forbrukslån

This is the most common of the lot since banks and financial credit institutions, offer it. You can use the credit for anything you want; hence, falls under open-end credit. For you to get this type of loan your credit score must be good.  You are allowed to borrow up to several thousand in dollars but it is dependent on your credit score as well. As for the period of repayment, it depends on the amount you intend to borrow, and who you are borrowing from.