Fixed rates. Fixed terms. Us. Things you can just depend on.
When it comes to loans, we take out the worry whenever we can. That’s especially true for installment loans. With a fixed rate, you’ll never worry about your interest going up. It’s the best option for you if you’re purchasing a big-ticket item like a car or home and plan to make monthly payments to pay it off. We allow for flexible payment options by extending terms up to 48 months in amounts up to $15,000 and we’ll help you decide what would work best for you.
What it’s all about.
Installment loans are characterized by:
A fixed loan term: The length of your loan in months. The longer the loan, the smaller the payments. You can use this to build your credit.
A fixed payment: The amount you pay each month. In a long-term loan, this goes toward paying down your interest first, then toward your principal.
With Sumiti Cheap Lending Home® by your side, you can make the right choice for your needs.