Velocity’s “Lifestyle Loans” can be used for just about anything. Whether you need assistance with adoption fees or you’re opting for a little nip or tuck, Velocity has a loan that’s right for you. Don’t hesitate to inquire. Lifestyle loans are for just about anything you want. Now.
The loan type is up to you. It could be a home equity loan, or an unsecured personal loan. The type is flexible depending upon your personal situation and credit qualifications. Regardless of which loan type works for you, chances are it’s a better option than a credit card. Big credit card companies often encourage borrowers to make small monthly payments, which keep balances high and interest charges rising. In some cases, making minimum payments of 2% to 3% of the credit card balance could take 7-10 years (or more) to pay off the credit card balance. Many consumers find it difficult to ever get out of credit card debt. Velocity lifestyle and personal loans are a better choice for many people. They encourage wise use of credit, and are designed to pay off in 5 years or less.
