Personal & Bill Consolidation Loans
Whether you have a home improvement project or need help digging out of holiday debt, Community Financial has a loan to help.
- Personal Loans use the borrower's signature and promise to pay as collateral. Also known as a good faith loan, eligibility is determined by a member’s credit history and debt-to-income ratio.
- Bill Consolidation Loans are personal loans used to pay off multiple other loans and/or credit card debt. The advantage to these loans is they’ll have lower interest rates than the original debt, and allow the borrower to make only one lower payment per month instead of several.
- Home Improvement Loans help members who may not have equity in their home use a personal loan for home improvements.
For questions stop by one of our branches or call (877) 937-2328 to learn more.
|Credit Cards and Personal Loans|
|Effective Date: Tuesday, February 28th, 2017|
|Name||Rates As Low As*||Term|
click for required MasterCard Disclosure
|Personal & Bill Consolidation Loans||9.24%||60 Months|
|"No Equity" Home Improvement Loans||8.99%||60 Months|
|Consumer Loan Annual Percentage Rates (APRs) Personal Loan Payment Example: For a $5,000 loan with 60 month term at 9.49% APR the monthly payments would be about $105. An additional .25% rate discount is available when payments are automatically deducted from your Community Financial checking account. Rates vary and are dependent on individual credit history.|