investment, savings, scholarship, vacation
Be A Loan Ranger—How A Solo, Personal Loan Can Help You
A Delta Community Personal Loan is an unsecured installment loan you can use pretty much however you want. An unsecured loan is provided by a financial institution based on the borrower's creditworthiness, rather than by the borrower providing an asset of value, known as the collateral, to secure against the value of the loan. An installment loan means that the borrower can pay the loan back in multiple installment payments, instead of paying the entire amount back in a lump sum. The loan is paid back during an exact, limited-time period—the term—of the loan. Having good credit is necessary in order to be accepted for a personal loan, just as it's required to get any other sort of loan or a credit card.