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Finding yourself in a pinch financially is a scary, stressful thing to experience. In today's economy, many of us are struggling to come up with extra funds. But what if something unexpected hits and you have to pay a lump sum upfront?
Here's an example of a situation you might find yourself in:
You rely on your car to get to work, but your transmission is failing. The cost of repairing it is about $2,500 and you don’t have that money upfront or the savings to cover the cost. What do you do?
This is where a short-term installment loan can come in and save the day. Instead of scrambling for cash or using a high-interest credit card, you can get your car repaired immediately and continue working with a manageable and predictable monthly payment that fits your budget.
At Idaho Finance we offer great solutions for exactly these types of emergencies. Let's dive in and talk about what an installment loan is and how exactly they can work for you.
Here's an example of a situation you might find yourself in:
You rely on your car to get to work, but your transmission is failing. The cost of repairing it is about $2,500 and you don’t have that money upfront or the savings to cover the cost. What do you do?
This is where a short-term installment loan can come in and save the day. Instead of scrambling for cash or using a high-interest credit card, you can get your car repaired immediately and continue working with a manageable and predictable monthly payment that fits your budget.
At Idaho Finance we offer great solutions for exactly these types of emergencies. Let's dive in and talk about what an installment loan is and how exactly they can work for you.