Find the loan that’s right for you, and get cash when you need it.
Scott Credit Union loan professionals can help you find the right loan and can make the application process easy and stress-free.
Learn more about seasonal and year-round loan options and start your application today.
A signature loan is an unsecured loan that can be used for anything you need. SCU signature loans offer low interest rates, flexible repayment terms and timelines, and convenient payment options.
Getting a signature loan is as simple as filling out the application and signing your name. A signature loan is a great option for people who don’t have a large amount in their savings or a share certificate to use as collateral.
*APR = Annual Percentage Rate.
For SCU members who have savings or share certificate accounts to use as collateral, Pledge Share Loans offer lower interest rates than unsecured signature loans.
Pledge share loans give you access to funds that are secured by the money you have in your share savings or share certificates. While your money continues to earn interest in your savings or share certificate account, you’ll be able to fund purchases with cash and keep your savings and investment plan on track.
*Annual Percentage Rate. If share rate changes then pledge share loan rate is also subject to change.
Scott Credit Union loans carry a lower interest rate for members due to our credit union structure. As you prepare to apply for personal loans, SCU loan professionals are here to help you stay informed about current interest rates and repayment terms.
Current Loan Interest Rates:
| Type of Loan | Term | APR1 |
|---|---|---|
| Pledge Share Loans | 60 Months | 2.00% above current Share Rate or 2.00% above current Share Certificate Rate |
| Signature Loans | 60 Months | as low as 12.50% |
| Signature Loans | 48 Months | as low as 12.50% |
| Signature Loans | 36 Months | as low as 12.00% |
| Ready Reserve Overdraft Protection | N/A | as low as 16.00% |
**Rates effective as of September 12, 2023
Contact the SCU consumer lending team to discuss your needs and get one-on-one help finding the credit union loan solution that is right for you. Scott Credit Union is with you, and your family, to help you continue to make smart borrowing choices and build a healthy financial future.
