Sun Loan Gallup NM Phone Number and Comprehensive Guide to Financial Services

Sun Loan Company is a well-established financial institution in Gallup, New Mexico, known for offering a variety of financial services, including personal loans, tax preparation, and other related services. If you're looking for their phone number or other contact details, this article will provide you with all the necessary information and much more.

1. Sun Loan Gallup NM Phone Number

If you need to contact the Sun Loan Company in Gallup, NM, for any inquiries or financial services, their phone number is crucial. While phone numbers can change over time, the most recent and reliable contact number for Sun Loan Gallup is (505) 863-3635. This number connects you directly to their Gallup branch, where friendly and knowledgeable staff are ready to assist you.

2. Location and Branch Information

Sun Loan Company’s Gallup branch is conveniently located at:

• Address: 1720 S 2nd St, Gallup, NM 87301
• Hours of Operation:
  • Monday to Friday: 9:00 AM - 6:00 PM
  • Saturday: 9:00 AM - 12:00 PM
  • Sunday: Closed

The branch's central location in Gallup makes it easily accessible for residents in need of financial services.

3. Services Offered

Sun Loan Company in Gallup, NM, offers a range of services that cater to various financial needs:

A. Personal Loans

Sun Loan is well-known for providing personal loans with flexible terms. These loans are designed to help customers manage unexpected expenses, consolidate debt, or finance major purchases. Key features include:

• Loan Amounts: Typically range from $200 to $4,000.
• Interest Rates: Vary based on the loan amount and the borrower's credit history.
• Repayment Terms: Flexible, with options ranging from a few months to several years.

B. Tax Preparation Services

During tax season, Sun Loan offers tax preparation services to help customers file their taxes accurately and on time. These services include:

• Filing Assistance: Help with state and federal tax returns.
• Electronic Filing (e-file): Ensures faster processing and quicker refunds.
• Audit Support: Guidance in the event of a tax audit.

C. Credit Building

For individuals looking to improve their credit score, Sun Loan provides credit-building loans. These are small, manageable loans that, when paid back on time, help boost the borrower’s credit rating.

4. Customer Experience and Reviews

Sun Loan Company in Gallup, NM, has garnered mixed reviews from customers. Here’s a summary of what people are saying:

Positive Reviews:

• Friendly Staff: Many customers have praised the staff at the Gallup branch for their friendliness and willingness to help.
• Quick Service: The loan application and approval process is reported to be fast and straightforward.
• Convenient Location: The central location of the Gallup branch makes it easy for customers to visit.

Negative Reviews:

• High Interest Rates: Some customers have noted that the interest rates on personal loans can be quite high, making it difficult to repay the loan.
• Aggressive Collection Practices: A few reviews mentioned that Sun Loan’s collection practices can be aggressive if payments are missed.

5. Understanding the Loan Process at Sun Loan

If you're considering taking out a loan with Sun Loan, it's essential to understand their loan process, which is designed to be user-friendly and straightforward.

A. Application Process

• In-Person Application: Customers can visit the Gallup branch to apply for a loan in person. The staff will guide them through the process, explaining the terms and conditions.
• Online Application: Alternatively, Sun Loan offers an online application process. Customers can visit the company's website, fill out the necessary forms, and submit their application electronically.
• Required Documents: Applicants typically need to provide proof of income, identification, and a bank statement.

B. Approval and Disbursement

• Approval Time: Sun Loan prides itself on quick approval times, often providing a decision within the same day.
• Disbursement: Once approved, funds are typically disbursed either directly into the customer’s bank account or via a check.

C. Repayment Terms

• Payment Methods: Sun Loan offers various repayment methods, including in-person payments at the branch, online payments, and auto-debit from a bank account.
• Flexible Terms: The company provides flexibility in repayment terms, allowing customers to choose a plan that fits their budget.

6. Why Choose Sun Loan Gallup?

Sun Loan Gallup offers several advantages that make it a popular choice among residents:

A. Personalized Service

The Gallup branch is known for providing personalized service to its customers. Whether it’s helping them choose the right loan product or assisting with tax preparation, the staff at Sun Loan takes the time to understand each customer’s unique needs.

B. Local Understanding

As a branch located in Gallup, NM, Sun Loan understands the local community’s financial needs and challenges. This local knowledge allows them to offer products and services that are particularly suited to the residents of Gallup.

C. Reputation

With years of experience in the financial services industry, Sun Loan has built a solid reputation. While there are mixed reviews, the company’s commitment to customer service is evident.

7. Financial Tips for Borrowers

Taking out a loan is a significant financial decision. Here are some tips to keep in mind if you’re considering a loan from Sun Loan Gallup:

A. Assess Your Needs

Before applying for a loan, carefully assess your financial needs. Determine how much money you require and ensure that taking out a loan is the best solution.

B. Understand the Terms

Make sure you fully understand the loan terms, including the interest rate, repayment schedule, and any additional fees. Don’t hesitate to ask the Sun Loan staff for clarification on any points you’re unsure about.

C. Budget Accordingly

Once you’ve taken out a loan, it’s essential to budget your finances accordingly. Set aside enough money each month to cover your loan payments and avoid missing any due dates.

D. Build Your Credit

If you’re taking out a loan to build your credit, make sure to make all payments on time. Consistent, timely payments will help improve your credit score over time.

8. Conclusion

Sun Loan Gallup, NM, is a reliable option for individuals seeking financial assistance through personal loans, tax preparation services, and credit-building opportunities. By understanding the services they offer, the loan process, and the importance of managing finances wisely, borrowers can make informed decisions that benefit their financial well-being. Whether you’re in need of immediate financial help or looking to improve your credit score, Sun Loan in Gallup is equipped to meet your needs with professionalism and personalized service.