loan-remodelEveryone gets hit with expenses they can’t always afford to pay immediately. At Sunmark, we understand life’s unexpected moments – and help by offering personal loans and lines of credit. These help with immediate expenses by letting you lock into a low rate and make smaller monthly payments over time. Or, use a personal loan to consolidate expensive debt and reduce monthly payments to free up money you need for other things.

Personal Loan

Personal loans provide a lower cost option to help pay down high-cost debt (like credit cards) and finance short-term needs.  The full amount of your personal loan will be advanced at closing, so borrowers usually use it for a one-time need.

Consider a personal loan for the following:

  • Consolidate high-cost debt & pay off your bills
  • Lower borrowing costs while continuing to earn interest on savings

Credit lines of $1000 up to $25,000 are available for personal loans, and you can reduce your interest rate by paying automatically from your Sunmark checking account with direct deposit.

Call 866-SUNMARK for a no-obligation rate quote or apply online to get started right now!

Personal Line of Credit

Have a safety net for unexpected bills or to pay down high-cost debt.  Once you are set with a line of credit, you can borrow incrementally up to your approved amount – but you’ll only pay interest only on what you use.

Consider a line of credit if you want to:

  • Pay a recurring tax bill
  • Make home improvements (especially if you’re a newer homeowner)
  • Finance unexpected expenses
  • Get extra cash when you’re low on savings

Credit lines of $1000 up to $25,000 are available for personal loans, and you can reduce your interest rate by paying automatically from your Sunmark checking account with direct deposit.

Overdraft Line of Credit

Want protection against the possibility of an overdraft or returned check fees hitting your Sunmark checking account? Consider establishing an Overdraft Line of Credit.  Once approved, it will act as a safety net – and you’ll only be charged interest on the balance you use.

Credit lines of $500 up to $10,000 available based upon your needs and credit qualification.  Call 866-SUNMARK for a no-obligation rate quote or apply online to get started.  Not sure if a line of credit or personal loan is best?  We’re happy to talk through the benefits of each in more details – just give us a call or stop in to any of our branches!