West Valley City, Utah
2592 S 5600 W, Ste 104
West Valley City, UT 84120
(801) 335-4389
Life has a way of throwing unexpected things our way, so it's important to have financial options you can turn to. Frankly, most of us find it impossible to foresee the dog having to go to the vet, or our means of transportation failing just when we need it most. That's the way real life can be, surprising you when you can least afford it. Thankfully, Minute Loan Center in West Valley City, UT is here to help.

4 Common Examples of an Installment Loan March 10, 2017

West Valley City, Salt Lake County
4 Common Examples of an Installment Loan, West Valley City, Utah

If you’re strapped for cash—whether you need help paying the rent or making a large purchase—consider an installment loan. Installment loans allow you to pay back the loan with flexible rates over a period of time. Minute Loan Center will help you get the loan you need from their convenient locations in Delaware, California, Utah, and Nevada.

Here are some of the different types of installment loans available:

  • Small Loans: A small installment loan lets you pay back your debt over a period of time with a set number of scheduled payments. Unsecured installment loans can be used if you only need a small amount of money—like paying off a utility bill. They have higher interest rates but are the most common form of loan available.
  • installment loanStudent Loans: With this type of installment loan, students borrow a set amount of money to cover their college tuition and other educational costs. They’ll be responsible for paying a set amount each month after graduating or leaving school.
  • Car Loans: Few can pay the entire cost of a car upfront, making car loans a smart choice. Remember, though, you must keep up the payments or the car with be taken back and your credit score will be negatively affected.
  • Mortgage Loans: After putting a down payment, you will repay the loan over a set number of years—typically 15 or 30 years. 

If you're looking for an installment loan, get in touch with Minute Loan Center. Visit the website to find a location nearest you. 

 

The information provided is for informational purposes only and is not a substitute for professional financial advice. You should consult a credit counseling professional concerning the information provided and what should work best in your financial situation. And any action on your part in response to the information provided is at your discretion. Loans issued by Minute Loan Center are Licensed by the state of origination. Certain limitations apply. Subject to approval. See your local store for more details and additional disclosures.