August is the perfect time to start thinking about saving extra money or starting the loan process for any of those important purchases you are planning to make in 2018! You’ve still got a few months left of the year and the holiday expenses haven’t come just yet. The staff at Essential Federal Credit Union are also here to help you learn all the in’s and out’s of the loan process in the meantime. Are you looking to purchase a new car next year? Is next year the year you propose to your fiancé? Then you’ll need to buy the ring! If you are ready to learn more about personal loans in Baton Rouge, Essential Federal Credit Union is your information source.
How Are Personal Loans In Baton Rouge Beneficial To You?
One of the perks behind a personal loan is that it is often offered as an unsecured loan, which simply means you don’t have to provide any collateral when you begin the loan. This helps the initial process be much less complicated and easier to tackle, especially if this is your first loan and you’re still introducing yourself to the world of long-term finances.
If you are smart with your finances and you have a good credit score, you will even find a lower interest rate than using a credit card. Some customers can even find interest rates as low as 6% or better, compared to up to 15% APR on your typical credit cards. In the long term, that’s quite a big difference in your savings.
Another great facet to personal loans is their flexibility. These types of loans are meant for many reasons – buying a car, taking a vacation with your family, consolidate your debts, and many more.
Although there are many positive pieces to taking out a personal loan, you may still need some assistance. If you are still unsure if your financial situation is suited to take on a personal loan, lean on the staff at Essential Federal Credit Union. We are here to make this decision easier and more comfortable for you.
Give Us A Call Today To Start!
Personal loans in Baton Rouge can help us purchase or pay for many important things that help us live better lives. Essential Federal Credit Union is here to help you secure your personal loans in Baton Rouge and get you started toward owning your car, paying for school or any other special need you may have. Contact us by phone at 1-888-369-2207 or send us an email today! We look forward to working with you!