Life moves fast. Your finances should keep up.
MMFCU Personal Loans offer a simple, affordable way to access the money you need without stress of high credit card rates or confusing terms. Whether you’re consolidating debt, planning for something big or navigating an unexpected expense, our flexible loan options make borrowing worry-free.
Lucky Loan Rate Special
Whether you are planning a spring project, covering an unexpected expense, or looking to consolidate debt, luck is in the air this Spring!
Our Lucky Rate Loan Special is here for a limited time. Take advantage of a 6.99% fixed APR* on personal loans up to $3,000 – a simple, affordable way to borrow with confidence.
- APR: 6.99% fixed
- Term: Up to 24 Months
- Loan Amounts: Personal loans up to $3,000
- Promotion Period: March 16th through March 31st
*APR = Annual Percentage Rate. Promotion listed is for a 24-month term only. Maximum borrowed amount is $3,000. Loan application must be received during the promotional period and signed for by the stated deadline. Offer may be withdrawn at any time. Credit and income requirements apply. No other discounts apply. Loan approval is based on individual creditworthiness, including credit history, income verification, and ability to repay. Promotional rate available for well-qualified borrowers only. Not all applicants will qualify for promotional rate. Terms and conditions apply.
Types of Personal Loans
Personal Loans: receive a lump sum of money, unsecured (not backed by collateral), paid back in fixed monthly payments
Personal Line of Credit: borrow what you need and only pay interest on what you use, variable rates, best for ongoing needs. Learn more
Share Secured Loans: backed by collateral, good option for those with lower credit scores. Learn more
Overdraft Line of Credit: helps you avoid fees, ensures checks don’t bounce and debit cards won’t be denied. Learn more
Rates
Personal Loans
| Term | APR as low as* | Payment per $1000 borrowed |
|---|---|---|
| Up to 5 years* | 9.75% | $21.14 ($5,000 loan for five years.) |
*Rate displayed is our best rate and assumes automatic payment from your MMFCU account. If you elect to manually pay your personal loan, please add 0.25% to the displayed rate. Your rate may be different based upon your personal credit history.
Share Secured Loans
| 2.5 % above pledged share rate |
Personal Line of Credit
| Term | Current APR | Payment per $1000 borrowed |
|---|---|---|
| No fixed term | as low as 9.00% | Variable - Payment is 3% of your balance |
*Rate displayed is our best rate and assumes automatic payment from your MMFCU account. If you elect to manually pay your PLOC, please add 1% to the displayed rate. Your rate may be different based upon your personal credit history. There are no fees to use your PLOC. Late fees may be imposed if you do not make at least one payment each calendar month. Rate displayed assumes automatic payment from your MMFCU account.
*APY = Annual Percentage Yield. $5 minimum deposit to open. $25 minimum deposit to earn stated dividend rate/yield for savings. $100 minimum deposit to open, $2,000 to earn stated dividend rate/yield for Money Market. Rates are subject to change at any time and may change after account opening. Offer rate may be withdrawn at any time. Fees or penalties (if any) could reduce earnings.
* Rate is fixed once set.
