Why get an Omaha personal loan from Kellogg Midwest Federal Credit Union?
Personal loans from KMFCU are a good idea for any member who is looking for favorable loan terms, interest rates they can live with, and loan options that will ensure you get the money you need without the hassle that can accompany some lenders. If you’re worried about bad credit, existing debt, whether applying will affect your credit score, or if you have any other concerns over rates and terms or other personal loan questions, feel free to reach out to us and utilize our Omaha financial advisory service! But in a nutshell, you can count on the following:
- KMFCU is a not-for-profit organization, which means our entire existence is dedicated to ensuring your very best financial interests, rather than the bottom line of our institution
- As a credit union, we are able to offer some of the lowest interest rates that you can find for a personal loan
- An Omaha personal loan through KMFCU will have fewer strings attached and less fine print than other institutions
- Enjoy lower fees and more flexible borrowing standards on your personal loan through us—we have lower overhead costs than a bank and our dedication to the best customer service allows us to work with your needs
Who needs a personal loan?
Omaha personal loans are a great option for anyone who has an unexpected expense pop up that they were unable to save for. Personal loans can be used for any purpose—debt consolidation, vacations, a new vehicle or repairs on a vehicle, a home improvement project, an operation on the family pet—you name it. In general, it is a good idea to consider a personal loan if you are facing a large purchase that would take more than a year to repay, or if your credit card is at or near its maximum credit limit.
Personal loans vs. credit cards
While 183 million Americans have credit cards and they may seem like a great option for covering unexpected expenses, oftentimes a personal loan is a more affordable way of getting the money you need. A credit card is just a line of credit you can draw from whenever you need it, up to your maximum credit limit. This is a revolving debt that accrues interest if you don’t pay the balance every month. Personal loans, on the other hand, are a fixed debt with scheduled payments that are set at the outset of the loan and can be for terms from one to 10 years. Whenever you have questions, don’t hesitate to use our Omaha financial advisory service.
Applying for a personal loan is easy online
You can apply for a personal loan online now. From there we will need some information from you, such as your personal and employment information. We will need proof of income and we work to get your application processed and turned around quickly so you get an answer on your loan eligibility.
Competitive Rates from a Trusted Lender
Learn more about personal loans from KMFCU.