What is a Personal Loan?
Personal loans are usually loans of $4,000 or less. If you have a need to meet unexpected or other similar expenses there are a variety of loan options available. Many people will use a credit card or their checking or savings account to pay for unexpected expenses of this amount. Other people will seek a short term loan from a lender. Most short term loans are installment loans that have a fixed payment for a period of months or years. Installment loans can vary significantly from lender to lender. This "Personal Loans 101: Understanding Personal Loans" brochure covers the basic information and questions you should ask.
If you would like to learn more about the process of obtaining a personal loan from Citizens, or if you would like to learn more about other types of loans we provide, we encourage you to contact us today or stop by any of our convenient locations. You can also get the process of applying for a loan started now, simply fill out our online application form and a friendly Citizens representative will contact you!