Loan To Own
Know what you're borrowing before you buy
Time:
90-120 Minutes
Objectives:
By the end of this course, participants will understand the characteristics of consumer installment loans. To achieve this objective, the participants will be able to:
- Identify various types of installment loans.
- Identify the factors lenders use to make home loan decisions.
- Explain federal laws that protect you when applying for a loan.
- Identify the questions to ask when purchasing a car.
- Explain why installment loans cost less than rent-to-own services.
- Explain why it is important to be wary of rent-to-own, payday loan, and refund anticipation services.
- Explain how to guard against predatory lending practices.
Contact your local branch to set up a Loan To Own class for your group, or fill out the form below. Given the importance of face-to-face interaction for our classes, we offer these classes only in geographic proximity to our Vermont-based branch network.
Routing Number
The bank’s routing number is: 011600020
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