
How to Use a Personal Loan
Personal loans can either be secured or unsecured, meaning you can secure the loan with an asset (such as your home or car), but you don’t have to. However, should you choose to secure the loan and collateralize one of your assets, you are likely to get a better rate and repayment terms. Terms vary from borrower to borrower, but it’s possible to get repayment periods up to five years in length.
Many borrowers take out personal loans to consolidate high interest debt, pay for emergency expenses, or make a large purchase. Once approved, how you use the loan is up to you.
Holland, Michigan 49423
616.392.6979
Monday - Friday: 9:00 a.m. - 5:00 p.m.
12345 Felch Street
Holland, Michigan 49424
616.994.6117
Monday - Friday: 9:00 a.m. - 5:00 p.m.

