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.
How It Works
- Lower Interest Rates – Since your savings secure the loan, you enjoy better rates than with unsecured loans.
- Credit Building – A great option for establishing credit.
- Easy Qualification – Available even if you have little or no credit history.
- Savings Stay Intact – Your savings continue to earn dividends while backing your loan.
Take control of your financial future with a loan that makes borrowing simple and stress-free.