FAQ

Frequently Asked Questions

At Preferred Loans LLC, we are committed to offering personal loans when life demands it, to make the seemingly impossible happen or allow you to achieve your personal goals. When looking for solutions for your financial situation, many questions can come up and Preferred Loans LLC is here with answers. The answers to our frequently asked questions will reveal more of who we are at Preferred Loans LLC in Gonzales, LA.

Questions about Auto Loans 

I would like an auto loan, how much can I borrow? 
Your loan amount will be based on the type of vehicle, your credit score, and your income. Usually auto loans are $5,000 or more.  
Will I be penalized for paying off an auto loan early? 
No. We allow you to pay off your auto loan without penalty. Should you decide to pay more than the monthly payment to pay off the loan sooner, you will not be charged for that either.  

Questions about Personal Loans 

What are personal loans used for? 
Personal loans can be used for whatever you need extra money for. Personal loans can be used for:

• Weddings
• Vacations 
• Education 
• Home Improvements
• Celebrate a milestone 
• Funeral expenses 
• Electronic devices 
• Moving expenses 
• Unplanned emergencies  

Reasons for personal loans are limitless. The amount you are approved for depends on the purpose of the loan, your credit score, your income and the collateral you may have.  

Questions about Debt Consolidation

How to find a Debt Consolidation Loan with less than perfect credit? 
Many people use consolidated debt loans to get out of debt through a bank. Banks grant loans to those with good credit. When your credit is less than perfect, you can turn to Preferred Loans LLC. Our debt consolidation company will work with you. 

Questions about Vacation Loans 

How much can I borrow for a vacation loan? 
Those who have good credit and are confident they can make the monthly payments after their vacation should let the good times roll with a vacation loan; the memories will last forever. A typical vacation loan ranges between $1000 and $3000 with terms ranging from 24-30 months for repayment.

Preferred Loans Is Here To Help!

Preferred Loans LLC is always here to answer any questions you may have for your unique financial situation. We will find the financial solution you are seeking. Call today and discover the possibilities.
225-644-0304
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