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| Personal Loans
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Low-cost financing for that something special.
Planning a wedding? Taking a much-needed vacation? Purchasing a new home computer? Looking to consolidate your credit card debt? We offer both unsecured and secured personal loans to help finance that special something. - Receive a ½% rate discount if you are an express advantage member
- Optional payment protection for added peace of mind
Unsecured personal loan
Borrow up to $40,000 at a fixed rate (less any outstanding MECU Visa balance) for 60 months with no collateral.
Secured loans
A secured loan is based on the funds you have in an MECU account or in the stock market as collateral to ensure repayment of your loan. - Savings-secured loans--borrow against the money in your share, vacation, or savings account, without closing that account, for up to 12 months. As your loan balance is reduced, you may withdraw the amount repaid. In the case of a holiday- or vacation-secured loan, it must be repaid before the end of the program year in which the money is borrowed.
- Certificate-secured loans--borrow up to 90% of the face value of any MECU certificate. You must repay the loan before or immediately upon the maturity of the certificate.
- Stock-secured loans--borrow up to 70% of the current market value of any stock listed on the American Stock Exchange, New York Stock Exchange or NASDAQ for up to 60 months.
 Apply for a personal loan
 Compare our rates to the competition
 List of all MECU fees
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