Everyone has those little “life” emergencies, from broken washing machines to replacing a laptop, we all have needed cash fast! A personal/signature loan is the way to go with loan rates and flexible terms, we try to structure the loan to meet your borrowing needs!
• No loan fees
• Low interest rates
• Generous limits
• Flexible terms
• Fast and easy approvals
• No pre-payment penalties
• Loan Payment Protection available
Express Cash Loan
Need money fast just until next pay day? Thinking of going to a “cash advance” or title loan center? Come to us first! Our Fast Cash loan will get you the cash you need, but not put you in a contract that negatively affects your ability to pay the loan off. Short term, low amounts and interest rates.
Share Secured Loan
Have some savings that you have available to use as collateral to borrow against? This provides you with a low rate loan option, essentially borrowing from yourself. Terms are flexible, with 100% financing based on available balance in the savings or certificate account. A “pledge” is placed on the funds, securing the loan and as the loan balance decreases the “pledge” amount decreases.
Peer to Peer
Needing some help getting a loan due to adverse or no credit? Do you know anyone that is willing to help in exchange for getting a higher return on their savings? Our Peer to Peer lending program is a partially secured or fully secured loan which is secured by money collateralized by another credit union member. The borrower gets a loan they may not otherwise have been able to qualify for and the owner of the property (savings) receives a higher yield on their investment. This person could be a friend, family member or someone at the credit union that is just looking at making a little higher yield on their savings, but the Credit Union takes the bother out by servicing the loan and setting it up.
Needing some payment relief, or just wanting to structure your debt to get it paid off within a certain time period? Many times we can lower your payments, reduce your rates and pay less interest overall with a consolidation loan.
For additional information on these, or any other loan product,
• Call 801-359-9600
• Or visit one of our convenient branch locations