A personal loan allows you to borrow a lump-sum to pay for expenses and offers monthly installments for repayment. Your interest rate and monthly financing terms are dependent upon credit score, credit history, annual income and debt-to-income ratio.
Personal loans can be used for just about anything you are needing to fund. This includes paying off other debt, financing home improvement projects, family vacations, or big events like a wedding or adoption.
While personal loans can be used to purchase a vehicle or fund home renovation projects, the main difference between these types of loans is that a personal loan is unsecured. This means that there is no collateral provided to receive the funds, similar to a credit card. On the other hand, auto and home equity loans are secured loans with specific collateral.
Our experienced lenders are here to guide you every step of the way. They are here to help or answer any questions specific to your financial situation!
We do more than Lending.
Products offered by Midwest Heritage Insurance Services are not insured by the FDIC or any other Federal Government Agency, are not a deposit or obligation of, or guaranteed by Midwest Heritage, may involve investment risks, including possible loss of principal amount invested, and may lose value.
Online & mobile banking services are currently unavailable as we transition to our new experience. Check our FAQ page for additional resources. The new experience will be live on November 16.
During the transition, online & mobile banking services will be temporarily unavailable from November 13-15. The new experience will be live on November 16.