A personal loan can help you consolidate multiple sources of debt into one loan, with a single payment and often times a lower interest rate. This will save you money by lowering your monthly expenses and simplify your life by turning multiple, stressful payments into one easy payment.

What is it?

Personal loans can be unsecured or secured. Unsecured loans mean that holding collateral, like your home, in exchange for lending you the funds is not required. Therefore, if you’re not a homeowner or don’t have the equity in your home needed for a home equity or HELOC loan, this may be a good option for you. Secured loans mean that you can borrow against the value in something like your savings or certificate of deposit account. Approval for a personal loan is typically based on your credit score and history, and interest rates are usually lower than most credit cards.

To see if you qualify for any of these loan options, stop in or call! Our banking professionals will be happy to explain the process to you and answer any questions you may have.

Call Today See Rates