Show 2020 Who's Boss
2020 gave us a run for our money. It made us press pause on too many plans. It tried to steal our joy, but instead, it just fired us up. We're ready to dust ourselves off and get back to work. Rise up with SunWest against the year that tried to crush our dreams and steal our thunder. Get a 7.90% personal loan from SunWest Credit Union and make 2021 your BEST.YEAR.YET.
What is a Personal Loan?
A personal loan is a type of unsecured loan that requires no collateral to obtain approval. It is considered a simple loan and only requires your signature to start enjoying the benefits. Similar to other loans, a personal loan has its advantages:
- Flexibility: Personal loans are just that—personal. Whatever the reason, a personal loan is multipurpose so it can be applied to many facets of your life.
- No Collateral Required: These loans are unsecured, which means you don’t have to secure it with your house or car. As a result, there is typically less paperwork and quicker availability.
- Fixed Interest Rate: Unlike credit cards, a personal loan is accompanied by a fixed rate at a fixed term. This makes it easier to stick to a budget since you don’t need to worry about skyrocketing rates or a ballooning monthly payment.