GoCompare offers unsecured personal loans ideal for borrowers who need quick access to funds without pledging assets. You can typically borrow between ETB 1,000 and ETB 25,000. Repayment terms range from one to five years. The interest rate is fixed, with the best rates reserved for those with solid credit scores. Payments are spread evenly, making it simpler to budget for life expenses like home repairs, consolidating debts, or major purchases.

How to Apply Step by Step

• Use GoCompare’s loan eligibility checker
• Enter your financial details and desired amount
• Compare personalized offers from multiple lenders
• Choose the loan with the terms that fit you best
• Submit your application and wait for a quick decision

Key Benefits

With GoCompare, you don’t have to risk your assets—loans are unsecured. The rates are fixed, so your monthly budget is predictable throughout the term.

Moreover, the application process does not affect your credit score, letting you shop offers worry-free. Customer reviews consistently rate the experience as excellent, highlighting both ease and transparency.

Potential Drawbacks

Interest rates might be higher if your credit rating isn’t strong, potentially increasing the cost of borrowing.

Also, early repayment fees may apply, so check conditions before deciding to settle your loan ahead of schedule.

Our Verdict

GoCompare’s unsecured loans stand out for flexibility, transparency, and borrower-friendly eligibility checks. If you need funds for a planned expense or debt consolidation and have a good credit score, GoCompare helps you lock in a loan with minimal hassle. Borrow responsibly and always choose the shortest term you can afford to save on interest costs.