Personal Loans
Finance life’s big moments
Life happens fast, and sometimes, life’s biggest milestones come when you might not be quite ready to pay for them. Fortunately, you don’t have to navigate these opportunities and challenges alone.
Be ready for whatever life throws your way
Embrace the joy of major life events like weddings and vacations without stressing about money. Get a helping hand from your neighborhood bank.
Organize your finances with predictable payments
Consolidate credit card debt, medical debt, or funeral expenses with predictable payments to help you move forward without added financial stress.
Competitive rates and flexible terms
Personal loans can help you finance a wide range of purchases, consolidate debt, or pay for unexpected expenses like large medical bills.
With competitive rates and a wide range of loan terms available, you can create the payment schedule that works for you. Fixed interest rates mean predictable monthly payments with a clear path toward reducing your debt.
Apply today for a fast, local decision.
Personal Loan FAQs
How do I apply for a personal loan?
Your time is valuable, which is why we make it easy to apply for a personal loan. Apply online or visit one of our branches to get started. You’ll need to provide your personal info, employment information, and driver’s license number to submit your application.
Will I be approved for a personal loan?
Loan approval does depend on the amount you want to borrow, your employment status and income, and your credit history. After you submit your loan application, we will be in touch to let you know if funding was approved.
What can I pay for with a personal loan?
Personal loans can be put towards a wide range of expenses, including credit card debt, major purchases, weddings, funerals, home renovations, and medical debt. Loans are paid to your personal checking account, and you can use the money however you need to. However, if you are making a purchase like a car or recreational vehicle, a secured loan may offer more favorable interest rates.
How are interest rates set for personal loans?
There are several factors that determine the interest rate you’re offered on a personal loan, including your debt-to-income ratio, market conditions, and your personal credit score. If you are working to build your credit score, Wellworth Bank can help you get on the right track. Visit us today to learn how we can help.