Personal Loans
Explore the wide array of lending options available at CapEd, including lines of credit, signature loans, and share secured loans. Discover the lending options that suit you best and apply today for a seamless borrowing experience.
What Can a Personal Loan Cover?
A personal loan can be used to cover a variety of expenses such as:
- Unexpected expenses
- Vacation
- Home improvements
- Consolidation of debt
- Medical bills
- Taxes
If you're thinking about applying for a personal loan to consolidate debt, try the Debt Consolidation Calculator to help you determine if debt consolidation is right for you.
Secured or Unsecured Loan Options
Personal loans can be either secured or unsecured. A secured loan is a loan that is backed by the security of an asset. An unsecured loan is supported by your creditworthiness.
Lines of Credit1
Lines of Credit Rates
| Term | APR | Daily Periodic Rate |
|---|---|---|
| N/A | 13.45% - 18.00% | 0.049% |
Rates current as of .
Lines of Credit Features
Limit Available for lines of credit.
Up to $35,000.00
Secured or Unsecured for lines of credit.
Unsecured
Maximum Term Available for lines of credit.
N/A
Signature Loans
Signature Loan Rates
| Loan Amount | Loan Term | APR as low as | Payment per $1,000 borrowed |
|---|---|---|---|
| $500.00+ | Up to 60 months | 11.74% | $26.21 (48 Months) |
Rates current as of .
Signature Loan Features
Limit Available for signature loans.
Up to $35,000.00
Secured or Unsecured for signature loans.
Unsecured
Maximum Term Available for signature loans.
60 Months
Share Secure Loans
Share Secure Loan Rates
| Loan Term | APR as low as | Payment per $1,000 borrowed |
|---|---|---|
| 12 - 60 Months | 3.49% - 3.99% | $43.20 (24 Months) |
Rates current as of .
Share Secure Loan Features
N/A
Secured or Unsecured for share secure loans.
Secured
Maximum Term Available for share secured loans.
60 Months
ITIN Lending
CapEd Credit Union provides inclusive financial services, and one of the ways we demonstrate this commitment is through our ITIN Lending Program. We understand that not everyone has a social security number, which is why we offer personal loans to individuals with an Individual Taxpayer Identification Number (ITIN). This allows members of our community to access the financial support they need.
Learn more about ITIN lendingStart Your Application Today
Easily apply online for a personal loan or find a CapEd location to apply in person.
Resources
Get help determining if debt consolidation is right for you with this calculator.
Questions?
Disclosures
1 Payments will be calculated at $5.00 per hundred dollars borrowed or any fraction thereof, with a minimum payment of $25.00. Late fees are 5% of the standard payment or $15.00, whichever is greater, if your payment is more than 12 days late. A $2 share overdraft transfer fee will be imposed when more than 3 transfers over $2 are automatically transferred to cover an overdraft.
All loans are subject to approval. Rates listed are base rates. Rates, terms, and conditions may change without notice and may vary based on creditworthiness, qualifications, loan amounts, and collateral conditions.
