7 Ways You Can Use a Personal Loan
Summer can be super-expensive. Before you start swiping the plastic for it all, though, consider a personal loan from the credit union. The application process is quick and you don’t need flawless credit to get a good rate. We also offer fantastic terms and low interest rates.
We have outlined several ways to help you responsibly use a personal loan this summer.
If you’re tying the knot this summer, consider taking out a personal loan. Use it to fund larger wedding expenses, like your ring, wedding dress and venue, or to cover the smaller costs like the flowers and photographer.
Funding a move
With the kids out of school, summer can be an ideal time for household moves, but moving costs can be prohibitive. Taking out a personal loan to help cover the costs can make your household move a lot less stressful.
Purchasing a vehicle
Are you looking to buy a new car? Consider funding it with a personal loan instead of paying a steep interest rate on a financing plan through an auto dealer. Similarly, if you’re interested in buying a recreational vehicle or boat, let a personal loan help you turn that dream purchase into a reality.
Paying off multiple loans and credit card bills each month can be challenging. Plus, you might feel like you’re not making headway on your debt thanks to high interest rates. A personal loan could help simplify your finances with one low-interest debt to pay down.
Funding a dream vacation
Are you dreaming of a luxury summer vacation like a trip abroad, but you don’t have the money to pay for it? It can still happen with the help of a personal loan,. You’ll have a payment plan you can afford, and you’ll finally be free to enjoy the getaway you’ve been dreaming of for years.
Renovating your home
Whether you want to give your kitchen a makeover or turn your garage into a guest suite this summer, a personal loan can make it possible. This is especially true if you don’t have a lot of equity in your home and would not be a good candidate for an equity loan.
Funding medical expenses
If there are medical procedures you’ve been pushing off because they’re not covered by your health insurance plan, consider a personal loan for getting it done this summer.
If you can use a personal loan, ask us how you can get started on your loan application. We’re always here to turn your dreams into reality!
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