Secured Loans
Borrow against the funds in your Orange County's Credit Union Savings or Certificate account.
Secured Loans
Borrow against the funds in your Orange County's Credit Union Savings or Certificate account.
Overview
Borrow against the funds in your Orange County's Credit Union Savings or Certificate account. This loan can be used in emergencies, or other unexpected expenses.
Details
- Borrow from $500, up to 90% of the balance in your Term-Share Certificate, or up to 100% of your Savings account balance.
- Certificate loan will match the certificate term, you can choose monthly payments, or make one payment at maturity. Savings loan terms are from 12 - 60 months.
- No pre-payment penalty
- Rates: Savings or Certificate rate + 3%
- Your Savings and Certificate accounts will continue to earn dividends while the loan is in place
Resources
- Prepare for the Unexpected (Debt Protection)
- How to Build Credit the Right Way (Video)
- 20 Tips to Build Credit the Right Way (Guide)
Calculators
- Calculate Your Payments (Calculator)
- Create a Budget (Worksheet)