4 Reasons to Apply for a Personal Loan

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People turn to personal loans for several different reasons, such as covering medical expenses, emergency home repairs, weddings, and more. When applying for a personal loan, it’s important to understand all the terms and conditions and how much it will cost you before signing on the dotted line. Understanding what loan options are available to … Read more

Everything You Need to Know About Installment Loans

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Installment loans are set amounts of money you can borrow from a lender that come with fixed payments and interest. Repayment amounts and the loan interest rates may vary depending on the amount of the loan you’re borrowing and other factors. Installment loans can be secured or unsecured. At Blue Trust Loans, we offer short-term … Read more

Secured vs. Unsecured Loans

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Personal loans can be secured and unsecured. Understanding the difference between secured and unsecured loans is important in order to improve your knowledge of finances. Essentially, lenders will allow you to borrow money with only your promise to pay them back, or lenders will require that you use an asset as security for your loan. … Read more

Understanding a Loan Agreement

person signing a loan agreement

It’s important to understand the purpose of a loan agreement and why this type of contract is needed for a loan. The Purpose of a Loan Agreement The reason you need a loan agreement when borrowing money is to detail exactly what is being loaned, as well as the timeline the borrower has to pay … Read more