Share Certificate Secured Loans: Your Path to Low-Rate, Secure Borrowing
Welcome to CorePlus Credit Union, your trusted financial partner in Eastern Connecticut. We’re excited to introduce a unique and financially savvy way to secure a low loan rate while keeping your savings intact – our Share Certificate Secured Loans! Explore the benefits of this innovative option that allows you to leverage your share certificate for a secure and cost-effective borrowing experience.
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At CorePlus Credit Union, we believe in empowering our members with smart financial solutions. Our Share Certificate Secured Loans provide you with a low loan rate, and the best part? You use your share certificate as collateral, eliminating the need for a credit check.
Enjoy a low Annual Percentage Rate (APR) by securing your loan with your share certificate account. It’s a cost-effective way to access funds for various needs without compromising on savings.
While repaying your loan, your share certificate account continues to earn dividends. It’s a win-win situation where you borrow with financial confidence, knowing your savings are still growing.
When your loan is paid off, your savings remain intact. Our Share Certificate Secured Loans let you enjoy the benefits of borrowing without depleting your hard-earned savings.
Certificate Rate + 3.00%
Matches the length of your certificate, ensuring a tailored and flexible borrowing experience.
| Loan (Sub Account) Type | Term (Months) | Annual Percentage Rate (APR) As Low As¹,² | Max Loan Amount |
|---|---|---|---|
| Personal Loan | Up to 12 | 9.49% | $25,000 |
| Up to 24 | 9.74% | ||
| Up to 36 | 9.99% | ||
| Up to 48 | 10.24% | ||
| Up to 60 | 10.49% | ||
| Up to 72 | 10.74% | ||
| Up to 84 | 10.99% | ||
| Signature Remodeler Loan | Up to 60 | 7.99% | $50,000 |
| Up to 72 | 8.24% | ||
| Up to 84 | 8.49% | ||
| Up to 120 | 8.74% | ||
| Up to 144 | 9.74% | ||
| Up to 60 | 6.99% | $50,000 | |
| Up to 84 | 6.99% | ||
| Up to 120 | 6.99% | ||
| Up to 144 | 7.49% | ||
| Up to 180 | 7.99% | ||
| Money Line of Credit | Open End | 9.00% | $15,000 |
| Credit Builder Loan | Up to 36 | 13.99% | $5,000 |
| Rapid Cash Short Term Loan | Up to 12 | 28.00% | $2,000 |
| Share Secured Loan | Up to 84 | Share Rate + 4.00% | 100% of Shares |
| Certificate Secured Loan | Term of Certificate | Certificate Rate + 3.00% | 100% of Certificate |
¹ANNUAL PERCENTAGE RATE (APR). Your Annual Percentage Rate (APR) will be determined by your past credit performance (Managed Risk Program). The Annual Percentage Rate (APR) is shown as a range of available APRs with the exception of credit cards which have a managed risk rate assigned by card type. Share and Share Certificate secured loans and other flat rate loans are not subject to managed risk pricing. Loan APRs may differ based on credit history (Managed Risk Program), the Loan to Value (LTV) ratio of the loan collateral (security) and fees that may constitute finance charges. Your actual APR will be included in the initial Truth in Lending (TIL) disclosure or, for real estate loans, the Good Faith Estimate (GFE) you receive based on the specifics of your actual circumstances and loan application.
²PERSONAL LOAN Borrowers consolidating debt will need to add 1.00% onto the personal loan base rate, not to exceed 17.99%.
Ready to unlock low loan rates while preserving your savings? Apply for a Share Certificate Secured Loan from CorePlus Credit Union and experience a borrowing solution that aligns with your financial goals.
At CorePlus Credit Union, we’re not just about loans; we’re about smart financial choices. Apply today and discover the benefits of Share Certificate Secured Loans for a secure and cost-effective borrowing experience!
