Summer is here, and spending can get out of hand quickly. Before you start swiping plastic for all of it, consider a personal loan from Elevate  Credit Union. The application process is quick, and you don’t need flawless credit to get a good rate. We also offer fantastic terms, with interest rates as low as 9.50%  apr*.  You can apply for a personal loan here:  Get a Personal Loan

We have outlined several ways to help you responsibly use a personal loan this summer.  

1. Getting married 

If you’re tying the knot this summer, consider taking out a personal loan. Use it to fund more significant wedding expenses, like your ring, wedding dress, and venue, or to cover the smaller costs like the flowers and photographer. 

2. Funding a move 

With the kids out of school, summer can be an ideal time for household moves, but moving costs can be prohibitive. Taking out a personal loan to help cover the costs can make your household move a lot less stressful. 

3. Consolidating debt 

Paying off multiple loans and credit card bills each month can be challenging. Plus, you might feel like you’re not making headway on your debt thanks to high-interest rates. A personal loan could help simplify your finances with one low-interest debt to pay down. 

5. Renovating your home 

Whether you want to give your kitchen a makeover or turn your garage into a guest suite this summer, a personal loan can make it possible. This is especially true if you don’t have a lot of equity in your home and would not be a good candidate for an equity loan. 

6. Funding medical expenses 

If there are surprise medical expenses or a medical procedure you’ve been putting off because it is not covered by your health insurance plan, a personal loan can help you look and feel great this summer. A personal loan can help borrowers fund elective cosmetic surgery, dental work, fertility treatments and consulting with alternative practitioners about chronic health conditions. 

If you can use a personal loan, stop by Elevate Credit Union to ask how you can get started on your loan application. We’re always here to turn your dreams into reality!  And as always, you can easily apply online right here: Apply Online 

SOURCES:

https://www.experian.com/blogs/ask-experian/what-can-a-personal-loan-be-used-for/

https://www.thebalance.com/reasons-to-get-a-personal-loan-4684106

https://www.bankrate.com/loans/personal-loans/top-reasons-to-apply-for-personal-loan/amp/