Personal financing for whatever life brings you.


Personal financing for whatever life brings you.

Personal Loans

Personal loans are just that, unique to each person. They can be used for almost anything, but some common uses include funding a wedding, going on a dream vacation, receiving extra funds for the holidays, covering unplanned expenses and consolidating debt.

Personal loans can come in the form of a secured or unsecured loan, each with their own unique benefits.

Personal Loan Options

Secured Loan

Secured loans are protected by an asset offered as collateral. These loans typically allow you to borrow larger amounts of money at a lower interest rate. This also means choosing a secured loan can get you longer terms and a smaller monthly payment.

Unsecured Loan

Unlike secured loans, unsecured loans are not backed by any type of asset. However, these loans are typically short-term loans that carry a higher interest rate than a secured loan option.

Not sure which is right for you?

Reach out to our experienced loan team. We'll talk with you and evaluate your unique situation to find a loan that will help you accomplish your goals.

Personal Loans FAQs

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.

Meet Our Lenders

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.