Personal Loans

Unsecured Personal Loans

You don't have to put up any collateral - like your house, car, or your savings - to get one of these fixed-rate loans. Here's how the money is often used:  

• Debt Consolidation: Roll your debts into one monthly payment, potentially reducing your interest charges and perhaps paying off the debt faster.
• Home Improvement: Finish your basement, upgrade your kitchen, or put on a new roof.  This loan can cover all sorts of indoor/outdoor repair and remodeling projects. An Unsecured Personal Loan may be a good option if you don't have enough equity in your home to qualify for a HELOC or Home Equity Loan.
• Good Times: Using an unsecured personal loan to pay for a wedding, dream vacation, or large purchase can help you stick to a budget and keep your debt under control.

It's About Time Homeowners' Loan

As the name suggests, this unsecured loan can help with whatever you’ve been putting off for far too long. Get ready to grab your dreams and make them reality.

• Borrow up to $40,000
• Competitive rates
• Repayment terms up to 10 years
• Fixed monthly payments
• No fees or closing costs
• Receive your funds within one day or less

Credit Builder Loan/Share Secured Loan

These multi-purpose loans provide extra money while also building your credit history or raising your credit score. Funds can be used for many purposes, including vehicle down payment, home improvements, or education costs. Here's how they work:    

• A Share Secured loan uses your savings deposits to guarantee the loan. When you borrow money, the same number of dollars in your savings account are frozen. They become available again as you make loan payments.
• With a Credit Builder loan, you don't have to have a certain amount saved in advance. Instead, the borrowed money is put into a savings account and stays there until you make enough monthly payments to fully pay off the loan. At that point, the money you initially borrowed is released to you.

Making consistent on-time payments is a good way to build your credit rating. A higher credit score translates into better rates on future loans and can have a positive impact on obtaining insurance and even qualifying for certain jobs.

Kwik Cash Line of Credit

Often, you don't need a big chunk of money all at once. It can be more useful to have regular access to smaller amounts that can be used when expenses arise or larger purchases are required.

• A Kwik Cash Line of Credit is a revolving loan fund that you can tap into time and again
• Money can be easily accessed through Online Banking or our Mobile App
• Additionally, this credit line can be used as overdraft protection for your checking account