Understand your loan options
Learn which loan type best serves your needs.
Sarah Klinger, UNFCU FVP, Retail Lending and Servicing, discusses the most commonly asked questions regarding loans.
In summary
- A loan is a way to fulfill a need before you can pay for it in full.
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Before taking out a loan, consider how monthly loan payments will affect your lifestyle.
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The key difference between loan types is the way the monthly payments are applied.
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