When dealing with the sheer range of emotions you’re faced with when a new baby arrives, it’s often easy to forget just how much money you’re going to have to spend. From baby clothes and bedding through to cots, bottles and toys, the number of items you’ll need, and need quickly, is often pretty overwhelming. That’s why a baby loan from Northern Community Bank can be so useful.
It virtually goes without saying that the costs of a baby begin before they’re born and extend even beyond their eighteenth birthday. It’s only natural for you to want the best you can possibly afford for your child. Having a baby is stressful enough to begin with, but if the sleepless nights, endless feeds and changes are added to by stresses over unpaid bills or expensive interest charges, then it can soon start to feel a bit overwhelming. Long term budgeting will make dealing with the impact of a new baby simpler, and a baby loan will go a long way toward making that budgeting possible for the more expensive items you’ll need buy.
Unlike many lenders, we work on a not for profit basis, and that means we can keep our interest rates as low as possible. It also means that we offer the same low interest rates to all of our account holders. We don’t believe in hidden charges or underhand small print, so what you see is exactly what you get. When you take out a baby loan with us you know exactly what you’re borrowing, how much it costs overall and what the individual repayments are. On top of that, we make sure that a percentage of each payment you make goes back into your savings account, so you’re building your savings at the same time as you’re enjoying an affordable baby loan. Any profits we do make are ploughed back into the local community, meaning that a baby loan from us helps to make the world around your baby a better place at the same time as helping you to provide for them.
Last but by no means least is the fact that a Northern Community Bank baby loan puts you in a position of power when it comes to seeking the best prices. With a lump sum in your account you’ll have the flexibility to shop around for the best possible deals, taking advantage of special offers for one off purchases or the ability to buy items such as nappies in bulk.
We realise that any expectant parent, or those with a new arrival, will have a lot on their minds. That’s why we make the process of applying for a baby loan as quick and simple as possible. You’ll be dealing with a real person who’ll take the details needed and come up with an answer either the same day or within two working days when we have all the information required. If it’s a yes, then the money will be transferred to your account the same day, allowing you to get on with the task of buying everything your baby needs, and maybe even a couple of treats to pamper the exhausted new parents.
