Signature Loans

Signature Loan is rated 4.9 out of 5 by 54.
  • y_2018, m_2, d_21, h_7
  • bvseo_bulk, prod_bvrr, vn_bulk_2.0.7
  • cp_1, bvpage1
  • co_hasreviews, tv_0, tr_54
  • loc_en_US, sid_signature-loan, prod, sort_[SortEntry(order=SUBMISSION_TIME, direction=DESCENDING)]
  • clientName_psecu
  • bvseo_sdk, net_sdk, 3.2.0.0
  • CLOUD, getAggregateRating, 31ms
  • REVIEWS, PRODUCT

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

Refinancing

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.

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.

Rates valid as of 2/22/2018 11:34 AM

DescriptionAPR*
Signature Loan10.90%
*APR denotes Annual Percentage Rate

Rates and information are subject to change at any time.

Rated 5 out of 5 by from Great product, awesome service! I have been a member of PSECU since college. They make all of their services easy to take advantage of. The signature loan in particular is great, the rates are always comparable, and they approve quickly. Even the refi process is simple.
Date published: 2018-02-13
Rated 5 out of 5 by from Quick and Easy I applied for a Signature Loan and received a decision immediately. I also received paper checks in the mail to use within 3 days. The actual card came about a week later. I closed my account at another credit union that I had for 20 years because this one provides such quality service
Date published: 2018-02-09
Rated 5 out of 5 by from Easy You guys make everything so easy. Everyone is so nice and professional
Date published: 2018-02-06
Rated 5 out of 5 by from Very Easy Process Being able to apply online and provide an electronic signature sped the process of getting the loan significantly.
Date published: 2018-02-06
Rated 5 out of 5 by from Excellent Excellent service, ease of application, prompt approvalb
Date published: 2018-02-06
Rated 5 out of 5 by from Easy process The application and approval process couldn't be easier.
Date published: 2018-01-29
Rated 5 out of 5 by from All my banking needs. Always 100% helpful with my banking needs, I have nothing bad to say. Thanks PSECU!
Date published: 2018-01-29
Rated 5 out of 5 by from Excellent PSECU approved my loan and was approved.thank you so so much!!
Date published: 2018-01-24
  • y_2018, m_2, d_21, h_7
  • bvseo_bulk, prod_bvrr, vn_bulk_2.0.7
  • cp_1, bvpage1
  • co_hasreviews, tv_0, tr_54
  • loc_en_US, sid_signature-loan, prod, sort_[SortEntry(order=SUBMISSION_TIME, direction=DESCENDING)]
  • clientName_psecu
  • bvseo_sdk, net_sdk, 3.2.0.0
  • CLOUD, getReviews, 0ms
  • REVIEWS, PRODUCT