Whether you’re borrowing $500 or $5,000, Citizens Financial Services can help make sure you give your family and friends the best holiday season ever. We know what it’s like to want to spoil those closest to you during this time of year because we want to do the same! We’re all down on our luck once in a while but it doesn’t have to ruin your holiday spirit.
When you take out a holiday loan from Citizens Financial Services, you’ll have the money you need to buy the best gifts, serve the best food, and even visit the far away family you only get to see once a year.
Using holiday loans to cover expenses
Many folks tend to spend a lot of money over Thanksgiving, Christmas, New Years, and the other holidays during the late fall and winter season. Putting out feasts for guests, getting decorations ready, and buying gifts for friends and family can be expensive. Additionally, a lot of people face costs related to travel, such as plane tickets and lodging.
You only live once, and it’s important to enjoy your family and friends for the holidays. To make that possible, you may want to consider holiday loans.
Understanding the cost of borrowing
The most important questions people ask when looking for holiday loans is “How much can I borrow?” and “What is my monthly payment?” Citizens Financial Services offers personal installment loans in amounts from $500 up to $11,000.
When evaluating your loan application, we take a lot of factors into account including your current income, your previous job history, your debt-to-income ratio (how much debt you owe compared to how much money you make), and your track record for paying back other loans you’ve had in the past. The interest rate is completely personal to you but to find out, fill out an application today and we’ll get back to you with 24 business hours.
Paying back holiday loans
When you take out holiday loans, you’re able to enjoy the season with those you love. But you’ll also need to make sure that you have a plan to repay them. Many people repay holiday loans with their tax returns or Christmas bonuses from work. Others know that they will have a little extra money free in their monthly budget after the New Year so they can repay the loan.
To be on the safe side, take some time to look at the numbers and make sure that the loan repayment is going to be manageable once the holidays are over. You may also want to make sure that the items you are buying are worth the cost. For instance, if you’re going on a big vacation that is going to bring lots of memories, it may be worth taking out a holiday loan. Similarly, if you’re buying your kids something significant that is going to make their faces light up and also create a lot of memories, borrowing for seasonal expenses can make it all worth it.
The holidays are a time of happiness and joy. Holiday loans can make the process easier. To learn more or to start an application, contact us at Citizens Financial.