At Blackhawk Bank if you’re looking for a personal installment loan with a repayment term and an interest rate that fits your needs and your budget, you’ll find it.
What exactly is a individual installment loan?
Your own installment loan is really a shorter-term loan with payment happening destination over a time-frame that is predetermined. An installment loan at Blackhawk Bank typically can last for a 12 months or maybe more, and has now a online payday ME interest rate that is fixed. Each “installment” brings you nearer to paying down your loan.
Installment loans are an alternate treatment for long-lasting loans, such as for instance house equity loans, and ultra-short term loans – as an example, “payday loans” that borrowers sometimes look for from non-traditional sources. An installment loan from an established bank provides you with greater monetary freedom, freedom to achieve your targets, so when payments are manufactured in accordance with the loan terms, an installment loan helps keep or produce a great credit history.