We’re about expanding your options, not limiting them
That’s why there are no restrictions on how you can spend the funds you receive through a personal installment loan from Stepstone Credit.
Take care of necessities, treat yourself to small luxuries, show care for your loved ones, or consolidate existing debt — the choices are limitless.
While certain types of credit (think mortgages or auto-financing loans) only let you spend the money you borrow on a certain category of expense, personal installment loans allow you to be fully in control of how you spend it.
Here are just some popular options for making the most of your loan:
No. Our applications do not ask you to disclose how you plan to spend your money and doing so voluntarily will not impact your chances of being approved.
Absolutely. Loans from Stepstone Credit may be used to fund a single purchase, multiple related purchases, or even several fully disconnected expenses.
Though personal installment loans from Stepstone Credit are highly flexible, there are several categories of expense they do not cover.
It is prohibited to use your personal loan for:
• Gambling
• Illegal purchases
• Business expenses
• Down payments on real estate
• College tuition
Yes. With our fair lending terms and affordable repayment schedules, consolidating higher-interest loans with Stepstone Credit is a popular option.
In addition to providing you with cash, we pride ourselves on also providing you with stepping stones to more opportunity.
Personal loans combine the credit benefits of bank loans with the accessibility of payday loans to create a better option for borrowing.
