Unsecured Loans

Sometimes we all need extra money

There are times, despite our best efforts to save, when we need some extra money. Sometimes we need help making our paycheck stretch to cover unexpected expenses. At other times, we want to seize the chance to take a vacation or create the storybook wedding. These are the times when Fortis Edge Capital’s Unsecured Loans come in handy.

An unsecured loan, also called a personal or signature loan, lets you borrow without the need to have collateral securing the loan. With rates as low as 8.99% and terms up to 60 months, an unsecured loan can be just what you need to cover those expenses that your savings haven’t had time to catch up to. There are no origination fees or prepayment penalties.

Applying for an Unsecured Loan from Fortis Edge Capital is easy. You can apply online, by phone at 855.575.9352, or by stopping into one of our nine branches.

Apply Now

An alternative to payday loans

We’ve all had times where our paycheck doesn't quite match up with our bills. It’s a natural time to turn to a lender to help us make ends meet. When we see ads for the smiling, happy faces of people who have gone to the local payday lender, it’s easy to think that’s the best, or maybe only, option. There are a couple of things to remember, though.

• Payday loans have high fees, as much as $75 for a $500 loan. That’s an Annual Percentage Rate of more than 390%.
• Payday loans have short repayment terms, no more than 45 days in the state of Washington. That means you’ll have to come up with the entire loan amount in less than two months, which can make it difficult to break the payday loan cycle.
• Payday loans have limited amounts, up to a maximum of $700 in the state of Washington. That may not be enough to cover your expenses, and there’s no guarantee you’ll get the full amount.
• In Washington, you can have no more than eight payday loans in any 12-month period. If you continually deal with more expenses than you have income, this resource may run out when you need it most.

Visit the Washington State Department of Financial Institutions for more information about the rules surrounding payday lending.

If you find yourself in this position, talk to us. We can examine your situation to see if an Unsecured Loan might be a more effective and cheaper solution. Our rates are much lower than payday lenders, and you can repay the loan over a longer term, up to 60 months. And, you may qualify for a larger Unsecured Loan than you would a payday loan. That can help you get a handle on your budget for a longer period. During that time our helpful, friendly branch representatives can work with you to design an ongoing budget that makes the best use of the money you have coming in, so you can start building your reserves and start living your most prosperous financial life.

Take control of your finances and talk to a loan rep at 855.575.9352 or you can also apply for an Unsecured Loan no by clicking the apply button.

Apply Now