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Personal Loans

Signature Loans, Revolving Credit Loans, Second Chance Loans

A signature loan is a type of unsecured personal loan you can get without having to put down any property or assets as collateral.  It’s called a signature loan because you can get approved with your signature and your personal credit history.  Since there is no collateral for a signature loan, the rates are higher than secured loans.  We look at your income compared to your debts, your credit score, which is an indication of how you have made payments on previous loans, and we look at your job stability.  All these are used in calculating a debt ratio and making a decision on your loan request.  You may be required to have a co-signor if you do not qualify on your own, or you do not have any credit history. 

We now offer a second chance personal loan for our membership. Second chance loans are available between $300 and $500 with a repayment term up to eight months. Second chance loans require a checking and a savings account, direct deposit for at least six months with a minimum direct deposit amount of $300 per month. Payroll deduction is required. There is no prepayment penalty. The second chance loan must be paid in full before reapplying for another second chance loan.

Our loan deparment can give you more information on any of these loans and answer any questions you may have.  Call us today to apply for your unsecured loan, or use the Apply Now button.

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