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Welcome to our personal and car loan blog! Here, you can find articles on cars, credit, loans, career guides for college students, and much more. Whether you are looking for information on how car loans work, tips on buying a car in the U.S., or insight into how to improve your credit score, we have the answers here!
How Recent College Graduates Can Pay for New Apartment Expenses with Boro

// Lifestyle / 04/12/2019 (09:20)

How Recent College Graduates Can Pay for New Apartment Expenses with Boro

Congratulations to the members of the graduating class of 2019, domestic and international students alike. In a few short weeks, you'll receive your diplomas and bring your undergraduate studies to a successful yet bittersweet conclusion. Now you have a new challenge ahead of you: preparing to enter the working world.

Odds are you have accepted an employment opportunity prior to reading this piece. If so, more congratulations are in order for those about to reap the rewards of having a fulltime job. There's just one last little issue that needs to be, for lack of a better phrase, dealt with: finding your own apartment.

Apartment hunting isn't an easy task. Most apartments on the market can tout an expensive price. There are so many things to take into consideration, from proximity to work and potential neighbors (or, depending on the situation, potential roommates) to offered amenities and overall apartment quality.

   

How Am I Going To Pay For All This?

Factor in additional payments (security deposits, fees, etc.) and you'll find yourself putting a tremendous strain on your wallet. So what do you do? Sign up for a Boro monthly payment plan, of course.

  

More than affordable, Boro payment plans are customized to whatever your needs may be and can be deposited into your bank account less than one business day after you finish setting up the plan.

  

So after filing the application, signing the loan agreement, setting up the payment plan and receiving the amount you requested, all that remains is to make your purchases.

  

In the case of this example, let's suppose your parents agree to pay the full price of the apartment you choose. That leaves the security deposit and fees (utility and homeowners association are the ones to look out for when apartment hunting) as well as any furniture you may need to buy.

  

Keep in mind, however, that while signing up for a Boro payment plan can help you pay for both the security deposit and both of the aforementioned fees, taking out a loan every time is not necessary nor is it recommended.


  

How Else Can I Use Boro?

In the market for a new car or computer? Looking to set up a Boro payment plan? Click here to find out more about our personal loans, here to learn about our auto loans and here to start your application.

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