What Other Options Should I Consider
Unlike a home or vehicle loan which requires the asset as collateral, some lifestyle loans are extended based on your credit history and score, income levels, and debt ratio. Other options are tied to the funds in your savings account. Choose from a number
of options to fit your needs.
Whether its back-to-school shopping, paying tuition, preparing for the holidays or traveling the world, apply for a specific sum of money and have up to 60 months to repay. You can repay back in full at any time plus you have the comfort of knowing your
Personal Line of Credit with Overdraft Protection Option
Continually access funds up to your credit limit, without ever re-applying. This product also offers the benefit of overdraft protection on your checking account. You never have to worry about the hassles of overdrawn funds in your checking account again.
To use your funds, simply write a check or transfer funds to your checking account.
Share or Certificate Loan
Use your savings account or savings certificate to secure a loan and borrow up to 100% of the value in those accounts. This helps to qualify you for a lower loan rate while your savings account continues to earn dividends.
Credit Enhancer Loan
Need to establish or enhance your credit score? Apply for $500 to $3,500 for up to 36 months at competitive rates. Just like our Shared Certificate Loans, funds will be secured by the funds in your savings account.
PayDay Express Loan
If you need a little help in between paychecks, contact us to learn about a solution to help you handle some of life’s unexpected situations. The process is quick and you can receive the cash the same day if you qualify.
- 6-month term
- No credit check required
- $20.00 non-refundable fee, per application
Prince George's Community Federal Credit Union reserves the right to change or withdraw this offer at any time. You will be required to present copies of three (3) consecutive pay-stubs at the time of application. A minimum of 2 years employment history
and must be employed with your current employer for a minimum of 1 year, prior to the loan application. Membership with credit union is a minimum of 1 year.
*APR=Annual Percentage Rate. Just for You Personal Loan is available for qualified borrows. Loan subject to normal underwriting guidelines. Term limit is 12 months with a minimum loan amount of $500.00 and a maximum loan amount of $3,000. Representative payment example: A $3,000.00 loan at a fixed rate of 10.00% Annual Percentage Rate for 12 months would require 12 monthly payments of $265.00. Offer ends August 31, 2020. PGCFCU reserves the right to change or withdraw this offer at any time.
**Annual Percentage Rate (APR). Payment example - 24 monthly payments of approximately $46.50 per $1,000 borrowed with a 9.75% APR. Rates are effective as of 3/1/2019. Signature Loan approval is subject to creditworthiness, and other qualifications. Membership
requirements apply. Loan amounts may vary based on a variety of factors such as income and credit rating. Maximum loan limit is $25,000.00 per qualifying Member. Terms and conditions are subject to change at any time.