Security Finance is licensed to offer traditional installment loans, which vary in amount and terms and available ancillary products based on the state of operation and the type of license obtained within that state.
Installment loans have monthly terms consisting of equal monthly payments, with no balloon payments or prepayment penalties. In certain cases, you may be able to renew or refinance your account to receive additional cash prior to the full payment of the original loan. A renewal is a new loan that pays off the balance in full (less any refunds due to you) of the prior loan and gives the remaining difference to you as cash proceeds. You will need to determine if the costs related to the renewal loan makes financial sense for your situation. This website provides links to consumer education sites unrelated to Security Finance that may assist you in making that determination.