Loans for Flexibility in Life's Biggest Moments
Think of some of biggest moments and best memories of your life. What comes to mind? A family vacation? Your child's wedding? Making those renovations to your home? All those moments likely required more cash than you had on hand. Those are the times when it's important to have a local lender that's ready to go to work for you. Contact the lending team at UFirst Federal Credit Union to learn more about your personal lending options.
Your Personal Loan Options at UFirst Federal Credit Union
Loan Type | Features | Borrowing Limit | Interest Rate | Repayment Terms | Special Conditions |
|---|---|---|---|---|---|
Credit Builder Loan | Savings used as collateral, Fixed rate, Earns dividends, Funds released as paid off, Can improve credit score | Up to 100% of account balance | Lower interest rate | As loan is paid off | Helps rebuild credit history |
Debt Consolidation Loan | One payment, one lender, Fixed rate, Lower interest rate than most credit cards, Increases monthly cash flow, Can improve credit score | Not specified | Lower than most credit cards | Up to 5 years | Consolidates multiple debts |
Heating Loan | Fixed rate, Affordable monthly payments, Automatic payments available | Up to $2,000 | Not specified | 1-year period | Available Sept 1 - Mar 31 |
Holiday Loan | Rates as low as 6.00% APR, No payments for 60 days, Affordable monthly payments, Automatic transfers from payroll | Up to $2,000 | As low as 6.00% APR | Pay back over 10 months | Available Oct 1 - Dec 24 |
Other Uses for Personal Loans
If you're just looking for a general personal loan, UFirst offers those too. A personal loan can be used for:
- Debt Consolidation: Combine multiple high-interest debts into a single loan with a potentially lower interest rate.
- Home Improvements: Fund renovations, repairs, or upgrades to your home.
- Medical Expenses: Cover unexpected medical bills or elective procedures not covered by insurance.
- Education Costs: Pay for tuition, books, or other educational expenses.
- Major Purchases: Finance big-ticket items like appliances, furniture, or electronics.
- Wedding Expenses: Fund wedding costs, including venue, catering, and attire.
- Vacation or Travel: Pay for a dream vacation or extended travel plans.
- Moving Costs: Cover expenses related to relocating, such as hiring movers or renting a moving truck.
- Car Repairs: Pay for unexpected vehicle repairs or maintenance.
- Starting a Business: Provide initial capital for a new business venture or to expand an existing one.
- Emergency Expenses: Access funds for unforeseen financial emergencies.
All loans are subject to credit approval. Terms and conditions may apply. Rates vary depending on credit history and are subject to credit union lending guidelines. All loan programs, rates, terms and conditions are subject to change at any time without notice. For more information, contact our lending team at 518.324.5700 option 2.
** Holiday Loans
Important Information to Applicant(s). To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who applies for a loan or opens an account. What this means for you? When you apply for a loan or open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents. In some instances, we may use outside sources to confirm the information. The information you provide is protected by our privacy policy and federal law.