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Apply Online for Short-term Loans in Lakeview

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Apply Online for Short-term Loans in Lakeview

Community First FCU
Financial institution
4.10
10 reviews

Address: 9637 N Greenville Rd, Lakeview, MI 48850

Today's Business Hours: 9:00 AM - 6:00 PM

Phone Number: +1 (989) 352-6031

Website: cffcu.biz

Short-Term Loan Calculator

day(s)
%
$

Estimated Payment

$327.12
Total Principal Paid: $300.00

Financial Charge: $27.12

Loan Term: 150 day(s)

APR: 22.00%

Where to Use Short-term Loan

Short-term loans can be a valuable financial resource for individuals needing immediate support for various local services. Borrowers can utilize funds to cover medical expenses, car repair costs, legal fees, funeral arrangements, or purchasing essential appliances. By addressing these urgent needs, short-term loans provide a buffer to ensure critical services are not disrupted.

Club & Association
309 South Lincoln Street, Lakeview, MI 48850
+1 (989) 352-6353
College/University
4629 West McBrides Road, Lakeview, MI 48850
+1 (989) 365-3473
Community Center
309 North Lincoln Avenue, Lakeview, MI 48850
+1 (989) 352-6353
Fitness Club & Center
423 South Lincoln Street, Lakeview, MI 48850
+1 (989) 352-7510
Government Office
Youngman Road, Lakeview, MI 48850
+1 (989) 352-7222
Library
832 South Lincoln Street, Lakeview, MI 48850
+1 (989) 352-6274
Local Post Office
319 Washington Avenue, Lakeview, MI 48850
+1 (989) 352-6252
Museum
South Lincoln Street, Lakeview, MI 48850
+1 (989) 352-8222
Rent-a-Car Facility
9770 Howard City Edmore Road, Lakeview, MI 48850
+1 (989) 352-3257

FAQ

What is a short-term loan?

A short-term loan is a type of loan that is typically designed to be paid back within a short period, usually within a year. These loans are often used to cover unexpected expenses or to bridge a temporary gap in finances. Common types of short-term loans include short-term loans, same-day loans, and bad-credit loans.

Can I get a short-term loan with bad credit?

Yes, you can obtain a short-term loan even with bad credit. Many lenders specialize in providing loans to individuals with less-than-perfect credit scores. These lenders may focus more on your current financial situation and ability to repay the loan rather than your credit history.

How quickly can I get a same-day loan?

A same-day loan is designed to be processed and disbursed within the same business day. Upon approval, funds are typically transferred to your account within a few hours. To expedite the process, ensure that you provide accurate and complete information on your application.

What are the repayment terms for a short-term loan?

Short-term loans are typically due on your next payday, hence the name. The repayment period is short, often ranging from two to four weeks. It's important to understand the terms of the loan and to ensure that you can afford to repay it when it's due to avoid additional fees or consequences.

How do interest rates and fees work with short-term loans?

Short-term loans often come with higher interest rates and fees compared to long-term loans. This is because they are unsecured and involve a higher risk for the lender. It's crucial to read the terms and conditions of the loan agreement to understand all the costs involved before committing.

Are there alternatives to short-term loans for covering unexpected expenses?

Yes, there are several alternatives to short-term loans, such as borrowing from friends or family, setting up an emergency fund, or seeking a loan from a credit union. Exploring these options might help you avoid higher interest rates and fees associated with short-term loans.

What happens if I default on a short-term loan?

Defaulting on a short-term loan can have serious consequences, including damage to your credit score, additional fees, and potential legal action from the lender. It's crucial to contact your lender immediately if you anticipate difficulty in making a payment. They may be able to offer a repayment plan or some form of assistance.

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Lakeview ZIP Codes

48850