Personal and Other Loans
Need a to make a major purchase? There's a loan for that. We'll help you find a loan that fits your budget and goals.
Debt Cancellation Loan
Get a clean slate. Pay off your debts with an MCFCU Debt Cancellation Loan and get your credit back on track. Use a Debt Cancellation Loan to consolidate higher interest rate debt into one low monthly payment.
Features:
- 60-month max term
- $25,000.00 max limit
- Existing MCFCU loans not eligible
- APR* as low as 8.99%
- Approximate monthly payment per $1,000 borrowed: $20.76
Signature Loan – Line of Credit
Consolidate debts, make home improvements, or provide overdraft protection on your checking account. Lines of credit let you access funds up to a set limit, anytime. Apply once and when you’re approved, you can access available funds easily by writing a check, making an ATM withdrawal or transferring the money online.
Features:
- Up to $50,000.00
- No collateral required
- APR* as low as 9.50% - 16.50%
- Approximate monthly payment per $1,000 borrowed: $21.01 - $24.58
Signature Loan – Closed End
Whatever it is you're looking to accomplish, there's a loan for that! We have options to fit your unique needs.
Features:
- 60-month max term
- Up to $50,000.00
- No collateral required
- APR* as low as 9.50% - 16.50%
- Approximate monthly payment per $1,000 borrowed: $21.01 - $24.58
Signature Loan – Share Secured
Let your money work for you by borrowing against your MCFCU savings and receive a low-rate loan and continue to earn interest.
Features:
- 10-year max term
- 5.00% above share dividend rate
- Fixed Rate
APR*=Annual Percentage Rate. Actual rate offered is based on credit worthiness factors. Other conditions may apply. Rates subject to change.
