A secured loan is one that enables you to pledge something you own in return for a lower rate or a larger loan amount. The downside: If you dont make timely payments, the northwest savings bank personal loans can seize your asset, and your credit score will suffer.
Heres what to know and where to find secured loans: What can you use to secure a personal loan. You may be able to use your car, savings or certificates of deposits as collateral. Secured loans from banks may work for borrowers with good credit and savings or CDs to use as collateral. Secured loans from credit unions are affordable loans that may be an option for borrowers with poor credit.
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Customers can typically expect to receive loan proceeds in less than 20 minutes; however, processing times may vary. How It Works. Start your application online and save time using our short, secure form. Gather the required documents and bring them with you to a Cash Store location.
A recent paycheck stub or other proof of income The most recent checking account statement (account must be open 30 days) A personal check Valid driver's license or state-issued ID " Pick up your cash the very same day - no overnight wait.
Save Time In The Store By Applying Online. This form lets you northwest savings bank personal loans your application online for any kind of loan from the Cash Store.