Signature Loans

Our Signature Loan is a fast, convenient and affordable way to borrow money using only your signature. We offer our members low interest rates, fast approvals and an easy-to-understand repayment plan. There is no collateral or complicated application process - just the cash you need without a lot of hassle.

What Is a Signature Loan?

We call it a Signature Loan, but it's really a personal loan that requires no collateral. Borrow up to $20,000 for whatever you need! You'll get your money fast*, and you'll have just one low fixed monthly payment. When you apply, your Signature Loan amount is based on income, credit history and ability to meet current credit obligations.

Features Include

  • Minimum $1,000 balance
  • Payments are $100 per month for original loan amounts up to $5,000
  • Payments are $200 per month for original loan amounts from $5,000.01 to $10,000
  • Payments are $300 per month for original loan amounts from $10,000.01 to $15,000
  • Payments are $400 per month for original loan amounts from $15,000.01 to $20,000


To refinance an existing personal loan, you are required to borrow an additional $500 in addition to your current payoff.

Why Choose a Signature Loan?

PSECU members use personal Signature Loans for a variety of different reasons. These can include:

  • Consolidating credit card or other high-interest debt
  • Paying for medical expenses, home renovations or other one-time expenses
  • Making major purchases that will be paid off gradually over a fixed term

As noted above, a personal Signature Loan can be refinanced, though once the debt is paid, the account is closed.

Benefits of a Signature Loan

The benefits of a PSECU Signature Loan are fairly straightforward. Because they require no collateral, they are great for anyone who doesn't have major assets to put up - for example, students, renters, military personnel who move often, or young couples saving for their first home.

Personal Signature Loans are an excellent compromise between higher interest credit card debt and secured lending products such as a Real Estate Equity loan or Home Equity Line of Credit. Fixed monthly payments mean fewer surprises and simpler budgeting.

If you own your home, a PSECU Signature Loan can potentially be converted to a Homeowner Courtesy Lien, which may have some tax advantages**. Contact us directly to learn more.

Matching You with the Right Lending Product

Personal Signature Loans are just one of many lending products PSECU offers its members. Looking to borrow? We would be happy to discuss your options with you over the phone or by email.

*Funds are issued within 1-2 business days after we receive your signed Estimated Consumer Note, Disclosure and Security Agreement.

**PSECU representatives cannot give tax advice, please consult your tax advisor.

Rates valid as of 11/23/2017 1:14 PM

Signature Loan10.90%
*APR denotes Annual Percentage Rate

Rates and information are subject to change at any time.