APR=Annual Percentage Rate.  Payment example based on a $3,000 loan. Consumer Loan Agreement & Disclosure.
 APR=Annual Percentage Rate.  Payment example based on a $3,000 loan. Consumer Loan Agreement & Disclosure.
It doesn't get easier than this! Our flexible Personal Loans are the perfect choice for financing large purchases or consolidating higher-rate debt.
Personal Loans, also known as unsecured loans, are a type of loan that does not require collateral (such as a house or car). Because no collateral is involved, Personal Loans typically feature one of the fastest application processes, quick loan approvals, and potentially higher rates than loans that require collateral (such as Home Equity Loans).
Personal Loans feature many benefits including a fixed monthly payment schedule, flexible terms, an affordable payment you can budget for, and an end date when your loan will be paid off.
Personal Loans can be used for anything you can imagine. Although you can use them to help cover wedding expenses, vacations, or other large purchases, here are the most common uses:
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Protected events include:
Ask about our loan protection options when you apply for your CCCU Personal Loan.
Our Debt Consolidation: Expectations vs Reality guide will help you learn valuable information about debt consolidation and what to expect when you set out to reduce your overall debt.
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A personal loan, often called a signature loan, or a good faith loan, is a type of unsecured personal loan offered by a financial institution. The primary requirement of these loans is the borrower’s signature and their promise to pay. Most institutions may also check a borrower’s credit score, and some require a loan cosigner. Like other loans, you'll make fixed monthly payments during your loan term until it's paid.
Personal loans are an unsecured term loan. This means that the loan isn’t secured by collateral, like a borrower’s car loan or home mortgage. The term requires that the loan is paid off during a predetermined timeframe, which is typically through monthly payments during the duration of the loan term.
From covering unexpected expenses to paying for home improvements and more, a personal loan can be used for many miscellaneous needs that don’t have their own specific loan categories. They can provide flexibility and quick access to funds.
Yes, you can use a personal loan to help you pay for college or pay down current student loans. Contact us to learn more.
No, it isn’t necessary to have a co-applicant. But, depending on your situation, a co-applicant may help you meet the credit requirements necessary for loan approval.
Yes, but a co-applicant may be required depending on the requested loan terms.
Once your loan is approved, you’ll have same-day access to funds in many cases.
Membership eligibility required. All loans subject to credit approval. Rates based on creditworthiness and are subject to change without notice.
Information and interactive calculators are made available as self-help tools for independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regard to individual circumstances. All examples are hypothetical and are for illustrative purposes. Seek personalized advice from qualified professionals regarding all personal finance issues. Actual rate, payment and costs could be higher. Get an official loan estimate before choosing a loan. Contact credit union for more details.