Personal Loans

Need to borrow money but don't have collateral? No worries. We have two options for you, so you can get money for whatever you need. Both have competitive rates and an easy application process.

Details

SIGNATURE LOAN

We call it a Signature Loan, but it's really a personal loan that requires no collateral. Borrow up to $20,000, if you qualify, for whatever you need! You'll get your money fast, and you'll have just one low fixed monthly payment. Full details...

PERSONAL SERVICE LOAN (PSL)

This is actually a line of credit, giving you ongoing access to cash, up to your available credit limit. If you have PSECU's Visa® and a PSL, you have one credit limit shared by both loans. Full details...

Rates (APR) ** 10.90% 12.90%
Minimum $1,000 $500
Maximum $20,000 $20,000
Funds Availability

Funds released upon our receipt of signed Activation Letter

Access to funds begins upon our receipt of signed Activation Letter

Access to Your Money*

Total Approved amount deposited to your PSECU Checking account or a check is mailed to you.

  • Up to $500 cash daily, using your Check Card
  • Advance/transfer through online banking
  • Advance using the Self- Service Telephone
  • Choose as a PSECU checking overdraft option
  • Call or write us
Repayment
  • Original amount up to $5,000 - $100 per month or $50 bi-weekly
  • Original amount over $5,000 to $10,000 - $200 per month or $100 bi-weekly
  • Original amount over $10,000 to $15,000 - $300 per month or $150 bi-weekly
  • Original amount over $15,000 to $20,000 - $400 per month or $200 bi-weekly
$20.00 per month or $10 bi-weekly per $1,000 loan balance at the time of the loan advance.
Apply Get The Loan Get The Loan

* Once funds are advanced, interest begins to accrue immediately.

** APR denotes Annual Percentage Rate. Rates valid as of 7/8/2015 12:20 AM. Rates and information are subject to change at any time.