woman looking stressed about her credit card

Build Credit With a Shared Secured Loan

Get a loan at a lower rate by using your savings account as collateral. 
Apply Now

How to Get a Share Secured Loan

If you need a loan but don’t have enough credit history, a Share Secured Loan is a great option. By using the funds in your Service Credit Union savings account as collateral, you can borrow at a lower interest rate while building your credit history.

Take control of your financial future with a loan that makes borrowing simple and stress-free.

How It Works

Lower Interest Rates

Lower Interest Rates

Since your savings secure the loan, you enjoy better rates than with unsecured loans.
Credit Building

Credit Building

A great option for establishing credit.
Easy Qualification

Easy Qualification

Available even if you have little or no credit history.
Savings Stay Intact

Savings Stay Intact

Your savings continue to earn dividends while backing your loan.
Apply Now

Share Secured Loan FAQs

How do I apply?
You can apply online in minutes. Get started here.
Does this help build credit?
Yes! Making on-time payments can build your credit score.
Will my savings be accessible while the loan is active?
The amount securing the loan will be held until it is paid off, but any remaining balance in your savings remains available.
How much can I borrow with a Share Secured Loan?
Your loan amount is based on the balance of your savings account used as collateral.
What is a Share Secured Loan?
A Share Secured Loan is a loan backed by your savings account, allowing you to borrow money at a lower interest rate while keeping your savings untouched.