Financial Plus Credit Union

Share or Certificate Secured

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Choosing Financial Plus for a share or certificate secured loan is like choosing to have your cake and eat it, too. 
You get something better!

If you have a savings (share) account or certificate at the credit union, you may be able to use that as collateral for a Secured Loan. This type of loan is great if you are trying to rebuild or build credit, or just need some money but don't want to spend your savings.

Share Secured
You may be able to borrow up to 100% of your savings (share) account.  The interest rate is 2.00% above the dividend rate of your savings account.  Terms available up to 48 months.
 

Certificate Secured
You may be able to borrow up to 100% of the value of your Financial Plus certificate of deposit. The interest rate is 2.00% above the certificate rate and term matches the maturity of the certificate.
 

Best part of this type of loan is that your savings still earns dividends even while it is secured. You really can have your cake and eat it, too!

 

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