You can use funds through MoneyMor for virtually any situation. Whether you’re looking for a straightforward way to pay off 100% of your credit card balances, planning home improvements, or dealing with unexpected costs, MoneyMor can assist you right when you need it most.
Home Improvements
Whether you’re restoring a kitchen or replacing floors, there are many ways to handle necessary repairs. Using home equity or charging a Visa or Mastercard are both options, but if you don’t have equity built up and would prefer to limit the use of available funds on your credit cards, a home improvement loan is an alternative.
Debt Consolidation
Deciding to combine all the balances you owe can be very rewarding. You can save a significant amount of money on interest rates, enjoy a convenient monthly payment, and choose favorable terms to repay what you borrowed. Regardless of the route chosen, consumers can gain more control over their finances.
Unexpected Expenses
No matter how well you plan for the future, unforeseen events tend to happen. If you don’t have an emergency fund or enough savings to cover these costs, financial hardship can be a dire situation. A traditional personal loan through a free service like MoneyMor can help in such circumstances.
Your Business
Over 80% of businesses that close annually fail due to cash flow difficulties. If you asked most business owners, many would admit to considering this from time to time. What can be done to prevent these difficulties from occurring in your organization? Is a business loan the right solution for my company?
Vehicle Repairs
Cars today are as essential as ever, and keeping yours in excellent working condition is crucial, making car repairs a common reason for needing quick funds. From costly services like transmission repairs to adding new tires or wheels, obtaining funds to cover these types of expenses can be very convenient.
Medical Care
Obtaining medical care can be expensive, but sometimes there are scenarios where you can’t get the necessary care because you lack the funds to pay. Whether you need financing for a cosmetic procedure or various medical needs, MoneyMor could help you get funds, even if your creditworthiness isn’t as good as you’d like.
Vacations
If you’ve been considering vacation planning but aren’t sure if you can afford it, there are other options available that might also be less costly than high-interest credit cards. Borrowing the money you need for your next vacation is largely the same as obtaining funds from a standard personal loan. The main difference is that it’s used to finance vacation expenses.
Taxes
Dealing with IRS agents can be a very unpleasant experience, and owing any amount of taxes is not a position anyone wants to be in. If paying Uncle Sam is something you simply can’t do right now, there are three routes you can take. The first thing you should do is call the IRS to arrange a payment schedule with them.
Wedding
Getting married can be a major life event but also expensive. Most people save money over time to cover the costs associated with marriage. There are photos, the reception, the food, and the list goes on. If you haven’t been able to save enough money for this special occasion, a loan can help with the financial needs.
Major Purchases
We all have expensive items that we need to pay for from time to time, but financing a large purchase with Visa or MasterCard can be costly in the long run. A fixed-rate loan might be a better alternative that can be used for virtually anything, whether planned months in advance or as a last-minute emergency.
Student Loans
Today, the cost of higher education is so high that many young people graduate with enormous debt. Paying off this debt through refinancing can save them a lot of money by replacing their current school debt with lower-cost funds, while also reducing their monthly payments.
Moving
The ideal scenario when moving to a different home is to save up months in advance, as moving can be quite expensive. The problem is that most people never plan. If your situation doesn’t allow for relocation using what’s in your piggy bank or if you have no savings, borrowing funds from a lender might be an option.