Share Secured Loans
Instead of taking out a traditional loan or line of credit to consolidate debt, make home improvements or pay tuition, you could borrow money against your already-established accounts with a secured personal loan at Circle Federal Credit Union.
What is a Secured Loan?
Loans secured by a savings or CD are a great way to build credit without depleting your assets. These loans are at a fixed rate over a certain period of time, just like an auto loan. With this type of loan, it can't exceed the amount of your savings account or the CD value.
- Minimum age requirement is 12 years old (with qualified co-borrower of legal age)
Contact a Loan Officer today to help decide which Share Secured Loan works best for you.
