Small Personal Loans to Help with All of Your Back to School Spending
Set your child up for success this year and send them back to school with everything they need with a small personal loan at a great rate from Heritage Valley Federal Credit Union
Finding the right personal loan for back to school shopping needs can make all the difference
Sending your child back to school is an exciting time of year. It is a great opportunity to learn with new teachers, build connections with new friends, and continue to grow as an individual.
Every parent wants their child to have everything they need for success but back to school shopping can be costly. On average, families spend an average of $890.07 on their elementary-high school age child on the following items:
- Back to school supplies
- Back to school clothes
- Shoes
- Backpacks
- Haircuts
But back to school time doesn’t have to be stressful.
At Heritage Valley Federal Credit Union, we know how important getting your child’s year off to the right start is. We offer small personal loans that can be used for all of your back to school shopping needs. With our quick and easy online pre-approval process, we can help you find the right small personal loan to ease your worries about back to school expenses.
Personal Loan Rates
| Description | Term | APR* |
|---|---|---|
| Unsecured Signature Loans | Up to 60 Months | As low as 10.24% |
Why Consider a Back to School Loan Instead of a Credit Card?
A Better Way to Budget: Although credit cards are a great way to cover unforseen or emergency expenses, back to school loans are a better way to help ease the financial burden of back to school shopping. A small personal loan such as a back to school loan will be specifically used for back to school expenses so you will be able to budget accordingly. By having a separate fund that is solely dedicated to your child’s back to school needs, your credit cards will remain free and open in case life throws any financial curveballs your way.
Get Extra Cash Fast: Unlike a credit card, personal loan funds are deposited directly into your bank account for you to use as you see fit. A personal loan can give you more flexibility than a credit card because you will be able to use cash if needed.
Flexible Repayment Terms: A back to school loan is a popular choice for most parents – especially those with more than one child heading back to school – because it gives them the flexibility to pay off these expenses overtime. Unlike with credit cards, Heritage Valley Federal Credit Union offers flexible repayment terms that can work for your budget. See if a back to school loan is the right choice for you today.
Competitive Interest Rates: Many parents utilize a back to school loan over credit cards to help fund their child’s back to school shopping needs because loan interest rates are competitive and many times, much lower than credit card interest rates. With the average credit card interest rate being 22.59% and the average small loan rate being 11.29%, the savings are clear. See what interest rate you are preapproved for with Heritage Valley Federal Credit Union today.
Quick and Easy Approval: Your time is precious as a hard working parent. This is why Heritage Valley Federal Credit Union has made the online pre-approval process for a personal loan simple. Click here to see how simple it is.
Back to School Loans Can Help with Extracurricular Activity Expenses as Well
