Princeton Federal Credit Union - A Tradition of Financial Excellence - Loans - Other Loans


		Other Types of Loans Personal Loan Personal Line of Credit Pledged Share Loan Pledged Share Certificate Loan Private Student Loan Personal Loan or Line of Credit A Personal Loan is a convenient loan option for emergencies or other needs such as a vacation, bill consolidation, a wedding, an educational or medical expense, etc. Minimum loan request - $500 Maximum loan request - $15,000 An existing loan balance at the Credit Union will be considered when determining the maximum amount available to borrow. Maximum loan term – 60 months Maximum loan term is determined by amount borrowed. A Personal Line of Credit provides you the flexibility of establishing a credit limit and advancing funds on the line only in the event of need. You are not obligated to borrow. Advances on a line of credit can be done easily by using CU Direct Home Banking, Call 24 or in person at the Credit Union. Minimum loan request - $500 Maximum loan request - $15,000 An existing loan balance at the Credit Union will be considered when determining your allowable credit limit. Monthly payments are 3% of the loan balance each month due on the 25th of the month. Overdraft protection is available for your Princeton Federal Credit Union checking account from a personal line of credit to clear an outstanding check. There is a $2.50 fee for each overdraft transfer. Online Loan Application Loan Rates Pledged Share Loan Your commitment to saving can provide you with the security you need for a loan. When something unexpected comes up there is no need to take the money out of your savings account. Apply for a shares-as-collateral loan instead. Pledge the money in your savings account as collateral on the loan. As the loan balance reduces during repayment, the pledged amount in savings reduces as well. Dividends continue to be paid as usual on pledged funds. A Pledged Share Certificate Loan is also available by pledging a share certificate at the Credit Union and financing for no longer than the remaining term on the certificate. Online Loan Application Loan Rates Private Student Loan Are federal loans not enough to cover the cost of a college education? The EdAccess Private Student Loan is a low cost student loan to meet your tuition needs. Loan payments are deferred until 6 months after graduation and you have up to 10 years to repay the loan. Minimum loan request per year - $2,500 Maximum loan request per year - $30,000 It takes less than 15 minutes to apply. Go to custudentloans.org now!