Signature loans are loans secured solely by your good name and personal commitment to repay.

Your borrowing limit is based on your:

     • Years of Membership
     • Credit Report Scoring
     • Debt Ratio

Members can find out their eligibility for a Signature Loan by going through the loan application process. After an evaluation of the applicant’s credit worthiness, the amount of the Signature Loan can be determined. The limit in a member’s first year of membership is $500. That limit increases to $800 in the second year, and increases by $100 for each additional year of membership. This is only a basic maximum limit scale and does not in itself guarantee that the maximum limit amount will be available.

There is even a program with established criteria that provides for being able to double your signature loan limit.

And as always, your payment can be made easy with an automatic payroll deduction, direct deposit, account transfer or direct draft of another account. This eliminates the need to write out and mail checks each month. You can arrange for one of the simple payment options at the same time you arrange for your loan.