Loan Options To Take Your Dreams Higher
Looking to build credit? Or do you have a large purchase coming up, but don't want to spend all of your savings? Why not use your savings as your collateral? Our Share Secured Loans are ideal for members who have secured savings at FreeStar Financial Credit Union or for those who want to rebuild credit. A Share Secured loan is defined as a personal loan that establishes consumer credit and is secured by the funds in a member’s share/savings account. Funds are released as the principal balance is reduced.
Apply online, call 586-466-7800 opt. 3 or visit one of our branches today!
| Share Secured | ||
| Effective Date: March 1, 2023 | ||
| Type | Term | APR* |
| Secured by Credit Union Shares | Flexible | 3% above Savings Rate |
*APR = Annual Percentage Rate. Rates are "as low as" and are subject to credit history, terms, and other factors. Rates are subject to change at any time without notice. Please call 586-466-7800 opt. 3 for current rates.
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