Personal Loans

Unsecured Loans

Many of us immediately think about using a credit card for large purchases, especially if those cards come with rewards. But those rewards often come with higher interest rates, leaving you paying more for your initial purchase. Instead of turning to a credit card, why not consider a Personal Loan for a large purchase or to cover an unexpected expense? If you already have a high balance on a card (or cards), a Personal Loan may save you money and shorten the time to pay it off. We offer competitive interest rates and flexible terms, leaving you with more money in your pocket once your debt is paid off.

Unlike credit cards, Personal Loans tend to offer lower, fixed interest rates and flexible terms, so you end up paying less over the life of your loan and get the borrowed amounts paid off sooner than with credit cards or even high-interest Personal Loans.  

Product details

• Flexible terms up to 84 months

• Competitive rates

• Online payments & account management

Shared Secured Loans

For ACU members interested in a Personal Loan with a potentially lower rate, we offer our collateral loans. Members can use a Certificate of Deposit as collateral when securing a loan, which means they still earn money while paying off the loan.

Product details

• Competitive rates

• Flexible terms up to 120 months

• Continued interest earnings in CD account

• Online payment & account management

Credit Builder Loans

Do you have a low credit score, or maybe no credit score at all? A Credit Builder Loan will help get you back on track, raise your credit scores, and build some savings at the same time.

ACU offers a great loan program for those interested in building or re-building their credit.  Here’s how it works — we hold the loan amount in a savings account while the member makes payments on the loan. After the loan has been paid off, ACU provides the member with a lump sum payment. This is helpful for those who need to get their credit score up for a future loan application (such as a mortgage) or for those who just want to build a better credit history.

Product details

• Helps to boost credit score with each payment

• Member receives lump-sum payment at the end of the term

• Online payment & account management