Personal Unsecured/Signature Loan
Versatility is this guy's middle name. You can use this lending option for almost any large single puchase or expense.
Interest
As low as UnsecuredSignatureLoan APR1
No minimum credit
Predictable monthly payments over a fixed term
Good for a large single purchase or expense
No collateral required for an unsecured loan
No application fee
Up to 60 monthly payments or single payment terms
Personal Line of Credit
With easy access to your money, the possibilities are endless.
Interest
PersonalLineOfCredit APR1
$300 minimum credit
Access to your money over time for ongoing expenses
As you pay down your balance, funds become available again
No collateral required
Access funds as needed by ATM, phone, or online transfer
Monthly payment is a percentage of the outstanding balance (minimum of $17.50/month)
No application fee
No annual fee
Personal Loan (Deposit Secured)
If you want to build your credit or have access to funds that are tied up in a CD, this might be the option for you.
Interest
SecuredPersonalLoan1
$300 minimum credit
Predictable monthly payments over a fixed term
Good for a large, single purchase or expense
Lower interest rate and easier approval than unsecured loan
Maximum dividend rate of CD or share, plus 2.5% interest rate
Fixed monthly payment
No application fee
No annual fee
Your CD or savings account secures the loan (Collateral required)
1APR=Annual Percentage Rate. Rates based on credit history, term, security, and amount borrowed. Rates effective UniversalEffectiveDate and subject to change. Federally insured by the NCUA.
2Third party website. Lake Trust Credit Union is not responsible for the content, availability, security or compliance of any linked third party websites. In addition, the site's privacy policies may differ from those of Lake Trust.