Loans for Major Purchases
Finance large expenses at lower rates with an unsecured personal loan and pay with convenient monthly payments.
Checking your loan options does not affect your credit score.
About Loans for Major Purchases
Paying for a large purchase with a high-interest credit card can be expensive. A fixed-rate personal loan can be used for almost any planned or unexpected purchase.
That persistent medical issue suddenly requires surgery. Your car breaks down with no warning. The roof starts to leak and needs to be replaced. We all encounter unexpected issues at some point. When life presents you with difficulties, a personal loan can help you recover quickly and easily. Instead of worrying about paying out of pocket or dealing with high-interest credit cards, a personal loan might be a simpler option. Subject to loan approval and verification, your funds could be deposited into your bank account in as little as one business day. Repaying it is straightforward. With a single monthly payment, your payment amount will be the same every month on the same day.
Save time using our simple loan search process
Our clients love how easy our process is and the time saved by using MoneyMor. Our lenders are ready to provide you with the funds you’ll need for your next home renovation project.
Good job, MoneyMor. I don’t usually leave comments or testimonials on sites, but in this case, I felt it was necessary. I’ll come back here if I need to borrow again.
María E.
Downey, California
Take care of that mejor purchase, no matter what it is.
Major appliances
Home repairs
Dream vacations
Vehicle purchases
Wedding expenses
Medical costs
Details about Loans for Major Purchases
While some might look dismayed at the remains of their broken dryer, others seek personal loans to handle such situations. Yes, personal loans can even facilitate major purchases. With a personal loan, you can take control of the unexpected. When life throws you a curveball, use a personal loan to hit it out of the park. You don’t have to let unexpected events stress you out; you can show them who’s in charge. The best part of a personal loan is that you can use it for whatever you need. So, if the unexpected happens and your dryer breaks, the kitchen sink leaks, and you get a flat tire, you’ll have it all covered. Personal loans don’t require collateral and are largely based on the borrower’s ability to repay. They are more likely to be negotiable than a credit card and usually have a fixed term of one to five years. Convenience and liquidity. If you have immediate short-term cash needs and most of your money is fully invested, it might make sense to avoid drawing from any investment accounts, potentially incurring taxes and penalties, and instead use a line of credit. This assumes that the cash you’ve fully invested will yield a higher return than the rate you’d pay on the line of credit.