Taking advantage of an SDFCU Personal Loan is not only a great way to pay off high-interest credit cards and consolidate debt, but it is an easy way to get the money you need when you need it. With a personal loan, the amount you designate to borrow is paid out in one large sum with a very straightforward repayment schedule with a fixed repayment term.

1.) Do use it to consolidate debt. You’ll save money and make debt management a lot simpler.
2.) Do use it to take a dream vacation. An SDFCU personal loan can help you finance your trip for a milestone anniversary or another special occasion. However, don’t do it twice a year.
3.) Do use it to pay for a wedding. An SDFCU personal loan will give you more flexibility than a wedding loan.
4.) Do use it for moving expenses. Whether you’re moving cross-country for a job opportunity or another reason, an SDFCU personal loan can help pay to transport your car, to move your belongings, and to buy furniture for your new residence.
5.) Do use it to pay for large unexpected expenses, like a funeral or adoption costs.
6.) Do use it to foot medical bills, especially for things that are not covered by most insurances such as fertility treatments, large dental treatments, and cosmetic surgery.
7.) Don’t use it to pay for everyday expenses. If you find yourself doing this, you may be in financial trouble. Speak with an SDFCU Financial Counselor for help with debt management and general financial guidance.
8.) Don’t use it to pay for your college tuition.

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