Do you feel like you’re being crushed under the weight of credit card debt, high-interest loans, or a major financial emergency?  An unsecured personal loan¹ might help you.

An unsecured personal loan allows you to borrow money without pledging an asset (e.g., a house or car) as collateral.  Instead, you can borrow money with an agreement that you will re-pay your loan plus interest within a specified timeframe.

Since collateral isn’t involved, approval for unsecured loans is based on your credit history and finances. Once you’re approved, you’ll receive the amount borrowed in a lump sum with a set interest rate and repayment schedule. 

What do you get with an unsecured personal loan?

With an unsecured loan, you’re able to get the cash you need and pay it back on terms that work for you. Popular Bank’s unsecured personal loans can range from $2,000 to $50,000, allowing you to borrow as much or as little as you need.

At Popular Bank, our unsecured personal loans offer:

• A competitive fixed rate with fixed payments
• Various loan term options
• Rate discount of 0.25% when you take advantage of auto-debit²
  
  

When should you consider an unsecured personal loan?

An unsecured personal loan can be used for just about any purpose—from helping you consolidate your debt, meeting an unexpected need, or planning a holiday getaway.

Here are three ways an unsecured personal loan could help you:

1. Consolidate your debts

Pay off credit cards, high-interest loans, and medical bills.

2. Cover emergency expenses

Take care of expensive home repairs, vehicle maintenance, and unexpected events.

3. Cover holidays or vacation expenses

Afford presents for your loved ones or treat yourself to a much needed vacation.

Find out if a personal loan is right for you.

If you’d like to learn more about your personal loan options, we’re here to help. Contact us or visit a branch to find out how our products and services can help you in your time of need.