A personal loan:
- Obligates future income – You’ll be required to set aside a certain amount of future income for loan payments.
- Requires discipline – Borrowing wisely means not borrowing more than you can handle. Don’t let the thrill of buying
or having a sum of cash obligate you to more than you can afford.
- Makes it possible to meet unexpected expenses – The ability to borrow and make affordable payments can be helpful if
an emergency arises that requires extra money.
- Allows you to obtain products and services now and pay for them later – A loan can provide an opportunity to purchase
bigger-ticket items and use them right away.
Why is an installment loan right for you?
Learn from the American Financial Services Association (AFSA) website.
Personal Loans 101
Understanding Personal Loans
Apply for a loan through LPI Loans: