Does an Unsecured Loan Make Good Dollars & Sense For You?

21 November 2021

Do you need a loan in a week?  
If you said “yes”, without a doubt, your interest is piqued.  
Let us help you to determine if an unsecured loan makes good dollars and sense for you. 
Take the time to check below, and see which option applies to you. 

Your Reason for a Loan

Good Reasons to Take a
JMMB Bank Unsecured Loan

Why a JMMB Bank Unsecured Loan Makes Good Dollars and Sense for You

Are you thinking about using your credit card to fund a financial emergency?

Pay Less Interest

Credit cards attract almost twice as much in interest rates charges compared to a JMMB unsecured loan. Additionally, not paying the entire balance on or before the due date of your credit card can lead to financial trouble. The unsecured loan is cheaper and will reduce your financial struggle. Then as soon as you can, increase your emergency funds so you can fill in an important piece of your financial freedom puzzle.

Do you need to consolidate to lower your monthly repayment?

Consolidate Debt

Several loans at higher interest rates equal more of your income is tied up serving debt. An unsecured loan at a lower interest rate helps you to save more money so that financial freedom is where you will get.

Do you want to seize a deal that has the potential to make OR save you money?

“Seal the Deal”

If you don’t seal the deal, you know you will be sorry. There is no need to wonder, ponder or worry; getting a JMMB unsecured loan will give you the cash you need in a hurry.

Do you have several loan financing needs?

More Financing Needs

If you have a financial need such as home renovation, a JMMB unsecured loan is not the only loan you can get. The turnaround time may be longer, but secured loans are less expensive you can bet.

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Think carefully about what you want to achieve. Then talk to a JMMB Bank representative so that together we can help you determine if an unsecured loan makes good dollars and sense for you, or suggest another financing solution to help you achieve your goals. 

GET YOUR JMMB BANK HOLIDAY LOAN SPECIAL 
If a JMMB Bank unsecured loan makes good sense, it is time to determine how much you can afford.

Loan Amount

Minimum Salary

(Usually 10 x monthly gross salary)

Repayment Amount*

J$500,000

J$67,000

J$13,663.75

J$1,000,000

J$100,000

J$ 18,691.96

J$1,500,000

J$150,000

J$ 28,037.95

J$2,000,000

J$200,000

J$37,383.93

You choose

We will calculate

We will share with you


*The repayment amount is calculated based on the maximum tenure. Loans under J$500,000 maximum of 4 yrs. to repay.  Loans above $500,000 maximum 7 yrs. to repay.

If a JMMB Bank unsecured loan is the right choice for you?  Please call us today at (876) 998-5662, so that we can help you to achieve your goals.   

 

Written by Michelle Sinclair-Doyley 

Manager, Group Financial Partnership Support & Financial Education, JMMB Group

 

 

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