The site will load in a new, second browser window. The site will load in a new, second browser window. We offer a variety of loan products to meet different needs. Car loans, for example, are secured loans since the lender can repossess your automobile if you don't make promised payments. An unsecured loan - These installment loans require no collateral, but you will probably pay a higher rate of interest to compensate the bank for taking on greater risk.
Installment loans require repayment of a set amount according to a regular schedule.
When you choose to have your loan payments automatically deducted from your checking or savings account, you may be given a lower interest rate. Check out our loan calculator to see this. This figure combines all fees and interest charges, creating a level paying field on which to base your judgments. Watch for loans that come with a pre-payment penalty. Being permitted to pay extra principal each month can help reduce the time that you are in debt and can save you a great deal of interest as well.