Signature Loans and Line of Credit
Signature Loans
These loans are available for any purpose. Members can borrow up to $14,999.00 for a term of up to five years.
Overdraft/Line of Credit
Academic FCU offers a Line of Credit up to a maximum of $10,000.00. The Line of Credit gives you the freedom to access your credit limit when you need it, with the minimum payment based on your outstanding balance. The Line of Credit can be used as overdraft for your checking account as well.
| Type | Term | APR* |
|---|---|---|
| Line of Credit | Up to 60 Months | 9.00% |
| Signature Loan $500.00 minimum up to $14,999.00 |
Up to 60 months | Rates As Low As 7.00% |
*APR = Annual Percentage Rate