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Installment Loans For Better Financial Health

We exercise when we want better health. We go to the dentist when we want better oral health. Where do we go when our financial health needs help? Your Sun Loan team works hard to be the solution to get you the money you need, when you need it, while also helping you build better financial health for your future.

Bad credit can weigh a person down and follow them wherever they go. Debts made early in life can haunt you for years to come. Instead of living with this, let the sunshine in and take steps to make things right.

 

Why an installment loan?

It’s important to be sure that installment loans are NOT confused with payday loans. Traditional installment loans are based on stable information such as budget and income. This helps create an affordable payment plan that can be easily followed. Money is provided quickly but lent responsibly.

Payday loans often find people trapped when the entire amount is taken out of their next paycheck, leaving them in need of another loan just to pay bills, buy groceries, and fill their car with gas. This is a cycle that can be hard to break!

Installment loans can help your overall financial health in two key ways:

  1. Payment history: Borrowing a small amount easily establishes a strong record of on-time payments.
  2. Loan history: Continuing to borrow small amounts and paying them in full over a short period of time builds a credit history.

 

Good financial health should be a goal for everyone. It plays a part when you try:

  • Rent an apartment
  • Buy a car
  • Apply for credit cards

 

Being in charge of your finances will give you freedom and peace of mind.

Need an installment loan? Let us help you find the perfect loan for your needs. Speak with our Sun Loan team and let’s work on helping you get on the road to better financial health.