Need cash to consolidate debt? Making a big product purchase? Have an unexpected medical expense? Signal has loan options to help you get over that financial hump.
Fresh Start Loan
We get it, life happens. But that doesn’t mean you can’t have another chance at rebuilding a better financial future.
The Fresh Start Loan was designed to help you improve your credit score. With an increased credit score, you can save money in the long run by getting better rates on home and auto loans.
Overall, there’s so much you can do with a healthy credit score, and Signal Financial is here to help you navigate on the road to financial success. To learn more about the Fresh Start Loan Program, stop by or call Consumer Lending at 301-933-9100 ext. 105.
Anything Loan (Signature Loan)
The Anything Loan is our answer to life’s financial speed bumps, with money available anytime you need it. Available in amounts of $500 or greater, this basic fixed-rate personal loan is ideal for expenses like a vacation, college books or a computer for school.
For a limited time during the winter holiday season, we offer our Holiday Loan, a discounted personal loan that can be used for gifts, expenses, travel, or other needs.
Home Improvement Loan
up to 36 months
as low as 7.99%
|37-48 months||as low as 8.49%|
|49-66 months||as low as 8.99%|
|up to 36 months||as low as 8.49%|
|37-48 months||as low as 8.99%|
|49-66 months||as low as 9.49%|
Line of Credit
This revolving Line of Credit helps guard against overdrafts by automatically transferring funds to your checking account when you’re overdrawn. This means no penalty charges for non-sufficient funds. You may also access your Line of Credit via cash advances. The minimum loan amount is $500.
|Line of Credit||—||13.20%3|
Share Secured Loans
An alternative option that uses a share or certificate account as collateral, this fixed-rate loan allows for financing up to 95% of the share or certificate balance. The pledged assets will be “frozen” for the duration of the loan, but continue to earn dividends on the balance.
|Share Secured||up to 60 months||As low as 3.75% APR, OR 2.00% above current dividend rate, whichever is greater|
|Certificate Secured||up to 60 months||As low as 3.75% APR, OR 2.00% above the certificate rate, whichever is greater|
Rates effective November 1, 2019. Rates and terms are subject to change at any time without notice and may vary based on creditworthiness and qualifications.
Must be a Signal Financial FCU member for a minimum of six months to qualify for the Fresh Start Loan program.
*APR=Annual Percentage Rate. Must be a Signal Financial Federal Credit Union member in good standing to qualify. To qualify for the promotional rate, loan payments must be set up as automatic transfers from a Signal Financial FCU account; otherwise standard personal loan rates and requirements will apply. All loans subject to credit approval. A 36-month loan of $15,000.00 at 6.99% APR would have a monthly payment of $463.14; your payment may differ depending on rate and term. Not all applicants will qualify for the lowest rate or the longest term. Your rate and term may differ depending on your creditworthiness. Rates and terms are subject to change at any time without notice and may vary based on creditworthiness and qualifications. Offer applies only to applications received by January 31, 2020. May not be combined with any other promotions or discounts.
1 APR=Annual Percentage Rate. Must be a Signal Financial Federal Credit Union member in good standing to qualify. All loans subject to credit approval. Rates subject to change without notice. The APR shown above reflects the current minimum APR offered and DOES NOT include 0.50% discount for Connect, Direct, or Premium members with automatic payment from their Signal Financial account. For members in a Connect, Direct, or Premium bundle, and who have automatic payment from a Signal account, subtract 0.50% APR from the above rates. The APR may be adjusted based on individual credit standing, term loan-to-value, debt-to-income ratio and aggregate credit score. Please contact a loan officer to determine the rate and term for which you qualify.
2 Monthly payment of $463.16 for 36-month loan of $15,000.00 at 6.99% APR. Not all applicants will qualify for the lowest rate. All loans subject to credit approval. Rates and terms are subject to change at any time without notice and may vary based on creditworthiness and qualifications. Offer applies to applications received by the last date of the Holiday Loan promotion.
3 Line of credit rate is variable and is equal to The Wall Street Journal Prime Rate, plus 9.95%. All loan applications are subject to credit approval. Additional rules and restrictions may apply.