每年, 个人贷款s are used by millions of Americans to cover expenses ranging from home improvements to consolidating debt. 在你申请之前 个人贷款, be sure you understand what the loan entails, what you are responsible for, and how to qualify. Understanding this information can have a positive long-term effect on your financial health.
 
安全与. 无担保个人贷款:它们有何不同?
A secured 个人贷款 is one that is backed by collateral, or protected by an asset. The asset could be stocks, bonds, or personal property belonging to the borrower. Considered one of the most common ways to borrow large sums of money, 担保贷款通常提供较低的利率, 更长的还款期限, 与无抵押贷款相比，借款限额更高. If borrowers are unable to make their payments on the secured loan, then the lender usually reserves the right to claim the collateral as payment for the debt. 担保贷款的例子包括抵押贷款, 汽车贷款, 船的贷款, 和房屋净值信贷额度(HELOC).
 
无担保个人贷款没有抵押品作担保. Since there is no collateral to claim as payment for the loan if the borrower is unable to make payments, 无担保贷款的利率往往较高. Examples of unsecured loans include credit cards, student loans, and 个人贷款s. 申请无抵押贷款时, lenders typically determine whether you qualify based on your financial history or creditworthiness.
 
个人贷款:411
As mentioned previously, a 个人贷款 is a type of unsecured loan. 个人 loans are typically smaller loan amounts when compared to other loan types and can offer low interest rates for borrowers. 个人贷款是分期付款贷款, meaning you borrow a fixed sum of money and promise to pay it back, 还有一些兴趣, 在贷款期限内按月支付. 作为分期贷款, the borrower pays a fixed amount during a set period of time until the full amount borrowed is repaid.
 
One of the most appealing aspects of 个人贷款s is the versatility; there are no restrictions on how you use the borrowed funds. From consolidating debt to paying off medical bills or financing home improvements, 个人贷款s can be used to help you pay for virtually anything you desire.
 
申请前要知道什么
申请个人贷款时, remember that the amount you qualify for and the terms are based upon your credit health. The higher your credit score, the better terms you qualify for. 条款包括利率, 每月付款, 以及你需要偿还贷款的月数或年数. Your payment history and income are also taken into consideration.
 
Your debt-to-income ratio will be analyzed, which follows this formula:
 
每月债务(来自信用报告)+
PITI(本金、利息、税金、保险)÷
月总收入=
债务收入比
 
Your debt-to-available-credit will also help determine the terms you qualify for. The more revolving credit you have, the more faith the lender has in you as a borrower.
 
准备，设置，应用!
At Arbor Financial, we like to have options, so we give you plenty. 我们提供 低而有竞争力的贷款利率 that help you get more for your money with flexible terms to fit your lifestyle. 当你准备好申请的时候，你可以 参观任何分支机构，拨打我们的虚拟贷款中心269.488.5945, or 在我们的网站上申请. 它是免费的，很容易使用!