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Credit Education

Getting a loan is a lot easier if you understand the factors that influence how we make loans. Understanding how you look to a lender can help you get a better loan. Take a look at these PDFs to understand more about Risk and Loans.


What do you look like to a lender? Are you a safe credit risk? Do you give the appearance that you'll be able to repay a loan?

Consider these factors, which may reduce or add risk to a loan:

  • Your ability to repay the loan
  • Your credit report
  • Your employment history
  • The loan's payment amount and term
  • Balloon Payment methods
  • Secured Loans and collateral
  • Post-dated checks or ACH payment
  • Payment history reported to credit bureaus
For a deeper look at these factors, please review this PDF (PDF: 2.8 MB).


When deciding whether to obtain a personal loan, consider the benefits and responsibilities:

  • Obligates future income
  • Requires discipline
  • Makes it possible to meet unexpected expenses
  • Allows you to obtain products and services now, and pay for them later
  • What happens when I apply for a personal loan?
  • Do I need credit insurance?
  • Will I need a co-signer?
  • What happens if I'm late with my payment?
  • How do I know if I can afford a loan?
  • What terms of financing should I know before I sign?
  • What federal laws should I know?
For a deeper look at these benefits and responsibilities, please review this PDF (PDF: 1.5 MB).

AFSA Education Foundation

AFSA (American Financial Services Association) Education Foundation is a non-profit organization to heighten consumers' awareness of personal financial responsibility.
  • Personal Loans 101 We want to help individuals and families to make safe, well-informed decisions about short-term loans. The idea is to give potential borrowers a comprehensive understanding of personal loan options, upon which sound borrowing decisions can be made.
  • Consumer Budget Planner A budget is a plan for coordinating income, saving and expenses. The type of budget that will work best for you depends on the saving and spending priorities you set based upon your personal needs, wants, and lifestyle. The Consumer Budget Planner provides an electronic means to help you list your monthly income, saving, and expenses.

Responsible Consumer Credit and Lending

  • Association for Installment Lending. Two hallmarks of the traditional installment loan industry are prompt loan consideration and loans that are given face-to-face, helping individuals and households to meet a variety of financial needs and unexpected emergencies. These responsible and disciplined personal loans can also help provide for a special goal in a person’s life.
  • Responsible Consumer Loans Consumer installment loans, long considered the foundation for safe and responsible lending, are in vogue again. This proven money management practice for personal debt is based on sound financial principles and good insight into human nature.

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