Get the cash you need at a rate you'll love.

From debt consolidation and unexpected expenses to vacations and everything in between, our no-fee personal loans make cash flow worry-free.
Get a secured or unsecured loan, or personal credit line
Lower interest charges keep monthly payments under control
No application fee, origination fee or prepayment penalty

Unsecured Personal Loans

Competitive rates with no collateral requirement.
 
  • No application fee, origination fee or prepayment penalty
  • Loan amount up to $30,000*
  • Easy online application with fast decision
  • Protect your loan with low-cost Loan Payment Protection.

Preferred Credit Plan

Preferred Credit Plan (PCP) is a personal line of credit you can use anytime.
 
  • Unsecured line of credit with a pre-set limit
  • Works similarly to a credit card - apply once and receive a credit limit
  • Access your account through MECU Online Banking, MECU telephone banking, or a MECU branch
  • Use as overdraft protection for your checking account
  • No application fee, origination fee or prepayment penalty

Share/Savings CD Secured Loan

Build your credit by borrowing against your MECU savings. You'll receive an incredibly low rate while continuing to earn interest on your Share Savings or CD account.
 
  • Borrow up to 100% of a Share Savings/CD account balance
  • Enjoy an interest rate of just 2% above the rate on your Share Savings/CD account
  • No application fee, origination fee or early withdrawal penalty
Disclosures
*The minimum loan amount may be higher and the maximum loan amount may be lower than stated above depending on the loan type and your credit score, income, debit-to-income and total unsecured debt with MECU. Other terms and conditions may apply. Subject to credit approval and membership eligibility.