Personal & Other Loans
Line of Credit Loans
An open line of credit is a signature loan with extra benefits; they may be granted for a maximum amount of $10,000. The term of repayment of a signature only secured loan is a maximum of 52 months. Once the initial application is approved, loan advances can be taken over a two year period. This is a very convenient and fast way to get advances.
Signature Loans
Our signature loans are a loan that is secured by your signature. They can help in areas such as bill consolidation, home improvements, medical bills, college expenses, as well as fun things like vacations, weddings and Christmas. If the purpose of this loan is to consolidate bills, checks may be made payable to the creditor.
Share Secured
You can put the money in your shares to use as collateral for a Share Secured Loan. This loan offers a very low interest rate and you still earn dividends on your shares while you repay your loan.
Other Collateral
We can also finance classic cars, ATVs, jet skis, even skid loaders and tractors. Contact the credit union for more information if you are looking to purchase something unusual, we may be able to help.
Household Goods
Household goods such as appliances and furniture can be financed with District One Highway Credit Union. These items must have a model number and serial number to be used as collateral.