Understand your loan options
Learn which loan type best serves your needs.
Sarah Klinger, UNFCU FVP, Retail Lending and Servicing, discusses the most commonly asked questions regarding loans.
In summary
- A loan is a way to fulfill a need before you can pay for it in full.
-
Before taking out a loan, consider how monthly loan payments will affect your lifestyle.
-
The key difference between loan types is the way the monthly payments are applied.
You may also be interested in
Make a big purchase
Five key details to know about electric vehicles (EVs)
Make a big purchase
Five loan application tips
Make a big purchase