Both the Personal Line of Credit and Debt Consolidation Loan require no collateral other than your signature and a good faith promise to repay. You must make monthly payments equal to 3% of the amount borrowed, with a minimum payment of $30 a month. For a small cost, members may purchase credit disability insurance.
|Personal Loan||Max Loan Amount||Max Term Length||Details|
|Personal Line of Credit||$15,000||N/A||Request a VISA Credit Card for access to your line of credit at merchants and ATMs that accept Visa worldwide.|
|Debt Consolidation||$15,000 – $30,000||72-month term||Finance non-MCU loan balances into an affordable, fixed rate Members Credit Union loan with one monthly payment.|