Need cash? Medical personal loans can help tide over coronavirus crisis

Your existing bank will give this loan, and rates may be better

• A personal loan can help you meet unexpected expenses and medical emergencies.
• Getting this loan from your existing bank is easier than from a new lender, during the coronavirus crisis. 
• Lenders look at your credit score and existing borrowings to assess your repayment capacity.
• If you are an existing customer, you can apply for the loan on your bank’s mobile app or through your internet banking account. 
• You are better off taking a personal loan than racking up credit card debt. 
• The tenure of these loans can range from one-seven years.