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What to use an Installment Loan on

Top 10 Reasons to Get a Loan

At CreditBox, we often hear from people who love the idea of a personal installment loan, but they don't quite understand how they can or should use one. The truth is that you can use it for practically anything you want! Take a look at these 10 ways you can put a loan to good use. 

 

Home Repairs  

A pipe bursts. The roof is leaking. Your kids bust a window playing football in the yard. Home repairs can pop up at any time, and they can cost you big bucks when you're not expecting them. Use a loan for unexpected home expenses.

 

Large Purchases

If you're not dealing with home repairs, there's a chance something in your home will soon need replacing. The mattress on your bed, the fridge, the HVAC system — a loan can really come in handy if you don't have immediate cash. 

 

Car Payment and Upkeep 

Cars aren't just expensive to buy; they're also expensive to own and operate. Use a loan to cover your monthly car payment, weekly gas, yearly maintenance, and insurance coverage. 

 

Grocery Shopping

Shopping for groceries can be expensive an adds up quick. Apply for an installment loan before your next trip so you don’t run out of cash and can stock up on your favorite snacks!

 

Debt Consolidation 

If you owe money on multiple credit cards and it's becoming too much to keep up with, then getting a loan can help to consolidate your bills into one place. 

 

Pay Off Debts 

Even if you only owe one big debt, whether it's to the IRS or a family member who has run out of patience, then an installment loan may be your best option for taking care of it and starting over. 

 

Internet

If you are working at home, or taking classes online having connection to the internet is important. If you want to relax and stream your favorite shows online, you’ll need internet for that as well. An installment loan is a perfect option to get extra cash for internet bills.

 

Moving Expenses 

Moving is exciting, but it's also expensive if you have to rent a truck, hire movers, or pay deposits. Use a loan as a little financial boost when you move to a new place. 

 

Medical Bills 

Like home repairs, medical bills seem to pop up when you least expect them. And if you don't have health insurance, they can be especially painful for your pocketbook.   

 

Financial Hardship 

There may not be one specific reason to get a loan. Perhaps you just need a little help getting to your next paycheck or have unexpected bills to pay. While you have many options, turning to a trustworthy company is necessary.   

 

From covering your car payment to fixing your roof, an installment loan can help you to get ahead. Apply online today with CreditBox. With our fast and easy application, you can be funded as quickly as tomorrow! 

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