4 GOOD REASONS TO GET A PERSONAL LOAN

Whether you need to pay for an unexpected car repair or if you just need some extra money to cover a big expense, taking out a personal loan can get you the money you need quickly. These flexible, small-dollar loans are perfect for any short-term cash needs that you may be facing. Here are a few benefits that they have to offer:

• Fixed Rates Offer Stability: When you take out a personal loan, you’re given the money upfront. This gives you the ability to cover an expense and then pay it back in set amounts each month. These fixed payments make it much easier to manage your finances since the payments will always be the same. The interest rate of your loan is also fixed, so you don’t have to worry about fluctuating rates.
• Flexibility of Usage: Unexpected expenses can put a serious strain on your bank account. Maybe your roof sprung a leak, your basement flooded, your vehicle broke down, or you need to cover an urgent medical expense. Regardless, you can use a personal loan to cover it.
• Credit Card Consolidation: Taking out a personal loan is a great way to simplify your payments while avoiding the high-interest rates that are associated with many credit cards. This will let you roll your bills into a single monthly payment with a predictable repayment schedule. This makes it much easier to keep track of your debt repayment progress.
• Cover Medical Expenses: Medical issues can come out of nowhere, and once they arise, you need to act quickly. Borrowing a fixed-rate personal loan can help you manage the expenses, giving you the ability to cover deductibles or co-pay requirements immediately. That goes for your pets too. If your family pet has to undergo an expensive surgery, borrowing a personal loan can get them the medical attention they need right away.

Fixed-rate personal loans are a great option if you need quick access to funds to pay for a significant expense. Due to their versatility, you can use them for just about anything from paying for that surprise expense to home improvement costs. Best of all, the fixed payments and interest rates set you up for success when it comes to repayment.

We have partnered with CreditShop, LLC, to give our members a reasonable and fast way to check if they are eligible for a personal loan. The process takes minutes and will not affect your credit score. Use the button below or click here to see if you can be pre-approved for a loan.