Personal Loans
ILWU Credit Union Personal Loans and Lines-of-Credit are designed to help you pay for a vacation, finance a large purchase or give you the extra cash you need for unexpected expenses. We offer four types of personal loans all with their own features and benefits.
Signature Loan features:
- Borrow a lump sum at a fixed rate for a fixed repayment period for any reason.
- Competitive rates
- Borrow from $1,000 to $25,000
- Flexible repayment terms available
- Convenient payment options - weekly, bi-weekly, semi-monthly or monthly
- Payments through payroll deduction available
- NO collateral required
- NO pre-payment penalty
Line of Credit features:
- A revolving credit line of available cash, whenever you need it
- Competitive rates
- Borrow from $2,500 to $15,000
- Borrow up to 100% of your available balance
- Debit and ATM Card Access
- Take advances in person, through online banking and CU Talk
- Convenient monthly payments
- Payments through payroll deduction available
- NO collateral required
- NO pre-payment penalty
Share (savings) Secured Loan features:
- Loan is secured by the funds in your savings account.
- Borrow funds at a low fixed rate while still earning dividends on your account
- Ideal for helping to rebuild your credit
- Competitive rates just 3% above your current Share Account Rate
- Borrow from up to 100% of your available account balance
- Flexible repayment terms available
- Convenient payment options - weekly, bi-weekly, semi-monthly or monthly
- Payments through payroll deduction available
- NO pre-payment penalty
Certificate Secured Loan features:
- Loan is secured by the funds in your Certificate Account
- Borrow funds at a low fixed rate while still earning dividends on your certificate account
- Ideal for helping to rebuild your credit
- Competitive rates just 3% above your current Certificate Account Rate
- Borrow from up to 100% of your available Certificate Account Balance
- Flexible repayment terms available
- Convenient payment options - weekly, bi-weekly, semi-monthly or monthly
- Payments through payroll deduction available
- NO pre-payment penalty
CLICK HERE TO APPLY FOR A PERSONAL LOAN
All loans are subject to approval.