Personal Loans in Des Moines, IA
Expenses don't look at your age or where you are financially in life—they just pop up. Personal loans are a form of installment credit. Unlike a credit card, a personal loan delivers a one-time payment of cash to borrowers. Then, borrowers pay back that amount plus interest in regular, monthly installments over the lifetime of the small loan, also known as its term.
A personal loan from Financial Plus can come in handy when you need a loan to pay for those expenses but may not have property (such as a car or home) with equity to use as collateral. Because of that, personal loan rates are a bit higher than car or home loans, but are usually a shorter, fixed term and paid back quickly. Because personal loans allow you to access the money right away, it is a great option when emergency expenses occur and you need the money quickly. If the car breaks down or the HVAC system stops working in the dead of winter, taking out a personal loan allows you to have the money you need to solve the problem and then pay it back at a later date in manageable installments. Financial Plus offers several types of personal loans so that you can choose which one is best for you and your financial situation. We offer Signature Loans, Line of Credits, and Share or Certificate secured loans. It’s important to not only ensure you choose the right loan for you and your needs but also to make a smart choice financially. Let Financial Plus help you find the right personal loan in Des Moines, IA, for you.
At Financial Plus, our personal loans offer competitive rates and flexible terms to fit your budget.
Personal Loan Rates
Effective as of January 3, 2023
|APR* as low as||Terms (Months)|
|Line of Credit Loans|
|Share Secured Loans|
|2.00% above FPCU Dividend Rate||48 months|
Annual Percentage Rate (APR) based on product, term, and credit.
*All loans subject to approval. Terms and conditions may apply.
Signature Loan repayment example = For a $10,000 loan for a term of 30 months with a 10.25% APR, the monthly payment would be approximately $379.00.
Line of Credit repayment example = For a $6,000 line of credit for a term of 36 months with a 13.00% APR, the monthly payment would be $202.00.
Share or Certificate Secured repayment example = $3,000 for 48 months with a 2.1% APR, the monthly payment would be $65.22.