Share Secure Loan
Stay secure with CFPCU
Keep the money in your savings account and pay a lower interest rate on your loan.
Short of ready cash to cover unexpected expenses? Leave your savings untouched. Get a low interest rate and flexible payment terms with a CFPCU Share Secured Loan. Based on your Share Accounts (Basic Savings, Money Market or Certificate Account) - borrow up to 90% of the balance in your account.
Lower interest rate than credit cards or cash advances. (Your rate will be 3% over the deposit rate of your share account up to 60 months, or 4% over the deposit for loans 61-84 month).
- Fast application and closing process
- No application fee
- No pre-payment penalty