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Personal Loans

Person browsing loan options on the cell phone as well as another person applying for a loan online.

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.

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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

Online access with eBanking
Protection for your checking account

Lines of Credit Rates

Personal Lines of Credit Rates
TermAPRDaily Periodic Rate
N/A13.45% - 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.

Maximum Term Available for lines of credit.

Signature Loans

Automatic Payment Options
Direct deposit may be required
Easy repayment terms available
Easy to apply online, by phone, or in person at one of our locations

Signature Loan Rates

Signature Loan Rates
Loan AmountLoan TermAPR as low asPayment per $1,000 borrowed
$500.00+Up to 60 months11.74%$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.

Maximum Term Available for signature loans.
60 Months

Share Secure Loans

Automatic Payment Options
Lower interest rates
Best for building or rebuilding credit
Funds in share savings account are used as collateral
Amount pledged in your share savings account is reduced as the loan balance decreases

Share Secure Loan Rates

Share Secure Loan Rates
Loan TermAPR as low asPayment per $1,000 borrowed
12 - 60 Months3.49% - 3.99%$43.20 (24 Months)

Rates current as of .

Share Secure Loan Features

Limit Available for share secure loans.

Secured or Unsecured for share secure loans.

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 lending

Start Your Application Today

Easily apply online for a personal loan or find a CapEd location to apply in person.

Click here to check the status of an application


Debt Consolidation Calculator

Get help determining if debt consolidation is right for you with this calculator.



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.