Sometimes your loan need doesn’t fit neatly into a category — let our personal loan options help with a wide range of needs and projects.
Most people are familiar with specific loans, like mortgages and car loans, but sometimes you need money for something else. A personal loan can provide you with a lump sum of cash upfront to pay for a wide range of expenses like home improvement projects, medical bills or even a wedding.
With Clinton Savings Bank, applying for a personal loan is easy and you'll get a quick response!
Note: If you have a credit freeze please contact the credit bureau prior to applying for a loan in order to temporarily remove the hold so that your credit may be pulled.
- Accommodating Financing
- Quick Decisions
- Local Processing
Personal term loans work just like home or auto loans — you apply for the amount you need, and if approved, receive the funds up front. Then you pay it back in monthly installments, with interest, over your agreed-upon repayment term. The primary difference is that, while home and auto loan funds are intended for a specific purpose, you can use your personal loan for any number of purchases.
At Clinton Savings Bank, we offer both secured and unsecured personal loans to help fund your endeavors. The main distinction between these types of loans is collateral. A secured loan requires you to pledge something as collateral that the lender can take if you don't pay the loan according to the predetermined schedule, usually cash in a savings account. Unsecured loans do not require collateral, so these personal loan rates tend to be higher.
Your experienced team at CSB will provide you with the information and features for both types of personal loans so you can determine which type is best for your specific situation. We offer a convenient banking experience with all the tools you need to easily apply for a loan, make payments and track the life of the loan – all electronically if you prefer. Advantages of choosing CSB for your personal loan include:
- Competitive rates
- Careful consideration taken when customizing financing
- Quick, local decision-making and processing
- Hands-on, customized service throughout the entire process
- Secured and unsecured options
Contact Clinton Savings Bank today at 888-744-4272 or apply online to find out if you qualify for a personal term loan from our Massachusetts bank.