Businesses in the loans category provide or arrange borrowing for individuals and organisations. Depending on the provider, this may include personal loans for planned purchases or unexpected costs, short-term borrowing, debt consolidation, car finance, and loans for businesses to support cash flow, equipment or expansion. Some providers lend directly, while brokers compare options or introduce customers to lenders. Loans may be unsecured or secured against an asset, and can have fixed or variable interest rates and different repayment periods. Providers typically assess an applicant's income, existing commitments, credit history and ability to repay before making a decision. Customers can expect information about the amount borrowed, interest and fees, repayment schedule, and consequences of missed payments.