Two Personal Loan Options, One Simple Choice
At ATFCU, we offer two types of personal loans to fit the way you borrow: a Signature Loan and a Line of Credit. Whether you need a lump sum for a major purchase or flexible access to funds over time, we’ve got you covered.
Not sure which is right for you? Start by asking:
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Do you want to borrow a set amount and repay it on a schedule? Check out our Signature Loan.
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Need ongoing access to funds with interest only on what you use? A Line of Credit might be your best bet.
Line of Credit Loan
Borrow what you need, when you need it, and only pay interest on what you use.
A Line of Credit works a lot like a credit card, but without the card. Once you’re approved, you have ongoing access to funds up to your limit. Use it, repay it, and use it again, it’s that simple.
Key Features:
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Pre-approved limit: You're approved for a set amount, but you only borrow what you actually need.
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Revolving access to funds: As you repay, those funds become available to use again.
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Interest only on what you use: You’re only charged interest on the amount you’ve borrowed, not your full limit.
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Flexible spending: Perfect for ongoing or unexpected expenses like home repairs, medical bills, or even overdraft protection.
| Loan Type |
as low as
|
|---|---|
| Line of Credit1 | 9.90% |
Signature Loan
Get a lump sum up front with predictable monthly payments and a clear payoff date.
A Signature Loan is a straightforward personal loan. You borrow a fixed amount, repay it over time with set monthly payments, and know exactly when it’ll be paid off.
Key Features:
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Fixed loan amount: You’ll receive a lump sum (like $10,000) all at once.
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Set repayment term: Choose a term that fits your budget, typically 12 to 60 months.
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Predictable monthly payments: Fixed interest rate means no surprises.
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Ideal for big, one-time expenses: Great for debt consolidation, vacations, or major purchases.
| Loan Type |
Up to 60 Months
as low as
|
|---|---|
| Signature1 | 9.90% |
1Annual Percentage Rate. Rate subject to change without notice. The max loan amount for a Signature or Line of Credit is $20,000.