Apply Now  « Back to blog

5 Ways To Use An Installment Loan To Make Life Easier

If there’s one thing we all have in common, it’s that life is unpredictable. Our lives can go from good to bad in the blink of an eye. There is no telling how long either will last, but one this is for sure, when things are bad, we’re always looking for answers. When it comes to money, no matter who you are, it’s safe to say a little extra can make things easier. 

Our installment loans are an easy way to make things easier. Unlike Payday Loans, an installment loan can help you build better financial health for yourself, and isn’t meant to trap you and make things worse. In working with thousands of people, just like yourself, here are some key ways an installment loan can help make life just a little easier.

5 ways to use an installment loan  

Repair/replace what’s been damaged

It’s not unusual for us to ignore the things that need fixing. Take that refrigerator that’s been making that funny noise for months now. You think it’ll last you, but what happens when you wake up one day to find all your food has gone bad because it just went out on you?

Whether it’s your fridge, washer, dryer, or any other appliance, don’t wait till it breaks, use an installment loan to repair or replace those appliances and give yourself peace of mind.

Repairing your ride

What about that noise your brakes are making and the way your car skids when you stop? Using an installment loan is not only a good decision to repair your car, it’s a good decision to keep you safe. A car that is not repaired no only impacts your safety, but can also impact your ability to get to work, and pick up the ones you love.

Take Back Your Health 

Let’s face it, many of us hate going to the doctor because we’re a) concerned they’re going to find something wrong and/or b) we worried about how much it’s going to cost. Both are valid concerns but don’t compare to the value of our health. It’s important to have the money, when you need it, to maintain a healthy life. You don’t need the stress of “how am I going to make that co-pay, or afford that prescription” weighing you down. Lack of good health can also keep you from going to work and being around those you care for. Why not avoid the stress and invest in keeping yourself healthy?

Higher than expected bills

What happens if you just received a bill that is higher than expected and have no money? An installment loan can be a great resource to keep you caught up on your bills. Because installment loans offer fixed monthly payments, you don’t have to worry that your entire paycheck will be taken away to cover your loan. It’s important to keep those lights on, to keep water running where you live, and have food on the table. Don’t let high bills keep you from moving forward!

Consolidate your debt

Do you feel like you’re making too many payments to too many people? Consolidate your debt and let an installment loan help you pay off those debts quicker. This stress-free approach makes it easier to track your payments, the dent you’re making in your debt, and the road you are on towards better financial health. Imagine what it would be like once all that is behind you and the opportunities that will open up once you break out of the debt cycle.

Why an installment loan?

An installment loan is a great resource to help with things that affect your everyday life.

Traditional installment loans are based on stable information such as your budget and paycheck information. This helps to structure an affordable payment plan that can be easily followed. Money is provided quickly, but lent responsibly.

Sun Loan’s installment loans provide:

    • Fixed monthly payments
    • Fixed repayment terms (installments)
    • Report to credit bureaus
    • Budgeting
    • No active Checking Acct necessary

Let us help make your life easier. We’ve got locations across the US so find the one closest to you and connect with our team. Isn’t it time you lived stress-free?