Personal Loans

For life's expected and unexpected expenses.

Select the personal loan that's best for you.


1. Personal Loan

A simple loan solution to give you the cash you need with no collateral required to secure the loan, and a fixed monthly payment over a set period of time.

Features and benefits:

  • Instant loan decisions
  • No pre-payment penalties
  • No application fee
  • Borrow from $1,000 up to $10,000 based on credit worthiness
  • Requires no collateral to secure the loan
  • Flexible loan terms up to 60 months; funds disbursed at closing
  • Fixed monthly payments
  • Earn Cash Back for bringing your loan to us
Apply now for a Personal Loan

2. Personal Line of Credit (PLOC)

We’re one of the few financial institutions that still offer an unsecured line of credit. This variable rate loan offers flexibility and access to funds whenever you need them. No collateral is needed to secure the loan and you control the money–use it only when, and if, you need it.

Features and benefits:

  • Instant loan decisions
  • No pre-payment penalties
  • No application fee
  • Borrow up to $5,000 based on credit worthiness
  • Requires no collateral to secure the loan
  • Low minimum monthly payment of $30 or 3 percent of the loan balance–whichever is greater
  • PLOC can be used for overdraft protection for your DFCU checking accounts
  • Easy access to your funds by ATM, online, checks or in branch
  • Earn Cash Back for bringing your loan to us

NOTE: $25 Annual Fee

Apply now for a Personal Line of Credit

3. Share Loan

This unique loan option uses your savings as collateral. Using a dollar-for-dollar match of your DFCU Savings Account or Certificate balances to secure the loan, we offer a minimum of $2,000 up to a maximum of $50,000 for up to a 60 month term.

Apply now for a Share Loan
Fixed APR6 Variable APR Max Fixed Terms Minimum Amount Maximum Amount
As low as 15.24% N/A 60 Months $1,000 $10,000

Rates effective as of 6/24/2017

Variable APR5
14.50%

Rates effective as of 6/24/2017

Fixed APR7 Variable APR Max Fixed Terms Minimum Amount Maximum Amount
6.00% N/A 60 Months $2,000 $50,000

Rates effective as of 6/24/2017



 
 

NCUA Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.

 

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DFCU Financial - Copyright © 2017 - Dearborn, Michigan - All rights reserved

While the DFCU Financial Board of Directors intends to pay Cash Back every year, and has done so since 2006, Cash Back is not guaranteed and will depend on our financial performance and other factors. Annual Cash Back payments are limited to an aggregate of $25,000 for each tax-reported owner. The IRS requires that Cash Back for an IRA be paid to the same IRA account, and that it be open when Cash Back is deposited. Cash Back to Business Banking members is subject to additional terms. Anyone who causes DFCU Financial a loss for any reason is not eligible for Cash Back.