What can I use a personal loan for?
You can use a personal loan for almost anything! Consolidating debt, covering unexpected expenses or paying for a large purchase are a few reasons members take out personal loans.
How much can I borrow with a personal loan?
We offer loans up to $48,000. Your exact loan amount will vary based on your credit, income and other factors. A loan officer can help you determine the amount that fits your needs and budget.
Do I need collateral to get a personal loan?
We offer both unsecured and secured personal loans. Unsecured loans do not require collateral, while secured loans use an asset or savings as collateral and may offer lower rates. A loan officer can help you decide which option is right for you.
What interest rates and loan terms are available?
Rates and terms vary based on your credit and loan details. Personal loan terms go up to 60 months. Find out our latest rates.
How do I apply for a personal loan?
You can apply online or talk to one of our loan officers in a branch or on the phone.
How long does the approval process take?
Your personal loan application is usually approved within one business day.
Will checking my rate affect my credit score?
Yes, when you apply for a personal loan, your credit will be pulled, which can potentially affect your credit score.
How quickly will I receive my funds after approval?
Once approved, funds are typically deposited directly into your account the same business day.
Can I pay off my personal loan early without a penalty?
Yes. You can make extra payments or pay off your loan early without a prepayment penalty.
Can a loan officer help me choose the right loan?
Yes. Our loan officers are available to answer questions and help you find the loan that best fits your needs.
What if I have bad or limited credit?
If you’re working to build or repair your credit, a Credit Builder Loan may be a good option. Instead of an upfront lump sum upfront, the loan amount is held in a secure certificate while you make monthly payments. Your on-time payments are reported to credit bureaus, and once the loan is paid off, the funds are released into your primary savings account.
What is a Credit Builder Loan?
Our Credit Builder Loan is designed to help you build or rebuild credit while saving money. Instead of receiving an upfront lump sum, the loan amount is held in a secure certificate while you make monthly payments. Your on-time payments are reported to credit bureaus, and once the loan is paid off, the funds are released into your primary savings account.