Product Details
Personal loans and lines of credit are tools to help consumers manage expenses and reach financial goals. A personal loan provides a lump sum with fixed interest, repaid in installments, making it ideal for specific expenses like home improvements or debt consolidation. In contrast, a line of credit offers flexibility, functioning like a credit card where borrowers can access up to a certain limit and pay interest only on the amount used, suitable for ongoing expenses or emergencies.
Unsecured Personal Loans
An Unsecured Personal Loan is a Fixed Term Loan of up to 60 months, for amounts from $500.00 to a maximum of $25,000.00 for qualified borrowers.
- Personal Unsecured Loan Terms*
- $500 - $3,000 | 24 Months
- $3,000.01 - $5,000 | 36 Months
- $5,000.01 - $25,000 | 48 - 60 Months
*Higher credit limits may require collateral and/or additional approvals.
Personal Installment Loan are subject to credit approval.
Personal Installment Loan are subject to credit approval.
Personal Lines of Credit
A Personal Line of Credit Account is an unsecured Line of Credit, giving you the flexibility to borrow as little or as much as you need, up to the qualified maximum of $15,000. Large purchases or small, you can access your line with checks provided. Also, your Personal Line of Credit can be used to provide overdraft protection for your checking accounts.
Personal Line of Credit Terms:
Amount: $500 - $10,000 | Max Term: 60 months
Amount: $10,000.01 - $15,000 | Max Term:60 months
*Higher credit limits may require collateral and/or additional approvals.
Personal Lines of Credit are subject to credit approval.
Personal Lines of Credit are subject to credit approval.
Disclosure
- APR= Annual Percentage Rate
- Click to see the current rates
- Consult a tax adviser for the deductibility of interest
For more information or to apply, visit the Branch Office nearest you or call us at 302-658-6881.
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