At SIUE Credit Union, we’re ready to loan you the funds you need! Borrow money for new appliances or furniture, a vacation, bills, a personal computer or any expense life throws your way. We don’t charge an application fee, and the approval process is quick and convenient. Talk to us about your personal loan needs today!
Personal Line of Credit
Share or Certificate Secured Loan
Apply for your SIUE Credit Union personal loan now!
Credit Builder Loans
This loan is designed to help members build a good credit score or boost their current score while they save money!
Members who follow this plan may borrow $2,000, of which $1,250 will be disbursed to the member, and $750 will be held as collateral in the member’s savings account. In addition, SIUE Credit Union will issue the member a Visa® Classic credit card with a $500 limit.
Members must agree to a monthly payroll deduction of $125, which will be split in payments between the installment loan ($100) and the credit card ($25). When the loan balance reaches $750 or less, the member may choose to use the funds held in the savings to pay it off. Or, if the member chooses to pay the loan off in its entirety, the $750 will be released for the member to use at his or her discretion.
To learn more about this specialized loan product and how it can help you, contact us today!
Financing from SIUE Credit Union helps you reach your goals, and we want to help you protect those interests. With loan protection services, you can be sure that your investments are covered and your finances are secure.
Credit Life & Disability Insurance
The credit union offers Credit Life and Credit Disability Insurance with most of our loan options. Credit Life Insurance will pay your remaining credit union loan debt in the event of your death, thus avoiding any financial burdens for your beneficiaries.* Credit Disability Insurance makes your credit union loan payments in the event you are unable to work due to a disability or injury that lasts more than 30 days.
*Limits apply. See the credit union for complete details.
If your vehicle is declared a total loss due to collision or theft, you still have to pay the difference, or the “gap,” between the insurance settlement and your loan balance. Guaranteed Asset Protection is low-cost coverage that can pay the potentially high-cost difference. Ask about it when you apply for your next auto loan!
Additional Insurance Options
Through our partnership with Financial Solutions Network, SIUE Credit Union can offer you additional insurance products to help you save money and rest easy. Click here to learn more about the protection available to you.
Contact us for complete details on any of these loan protection options.
Use these helpful financial tools to evaluate your total loan costs and potential savings.
Calculate the monthly payments, total interest paid and the complete schedule of payments for a loan.
Compare the financial advantages of the low interest financing offered by your credit union versus taking a dealership loan.
Views: 8496 | Updated: Dec, 7, 2018 | Added: Jan, 11, 2016