Personal Financing

Here at PFCU, we know that every member has a unique personality and lifestyle that is all their own. We also know that sometimes an event may come along – planned or unplanned. That’s where we come in. At PFCU, we have personal loans to meet any of your unique financial needs and enhance your personal lifestyle. A loan personalized just for you.

Right now, you can borrow up to $25,000 at a low rate of 9.24% APR* for a 24-month term.

Personal Loan Rates

To view the rates of all our personal loans, click here.

Personal Loan Payment Examples

To view the payment examples of all our personal loans, click here.

A solution for all your financial needs

Please Note: Before you apply, be sure to unfreeze your credit history to ensure a faster and smoother application process.

Share Secured

An attractive loan option for the conservative borrower is the Share Secured loan. The loan is secured with money in your savings (Share) account. This is a low risk way to borrow money and still receive interest on the money in your savings account. Additionally, you can use a share secured loan to establish a credit history as you repay the loan.

  • Funds in savings accounts are used to secure the loan, as loan is paid down, funds in savings account become available.
  • Share dividend plus 2%
  • Terms up to 120 months; determined by the loan amount

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Unsecured Personal Loan

PFCU offers Unsecured Personal Loans with no collateral needed. Our Unsecured Loans provide you with access to funds fast with maximum flexibility. A Personal Loan can help to consolidate debt, finance large purchases or use for important emergencies.

  • Borrow up to $25,000
  • Terms available up to 72 months
  • Low rates and payments
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Short Term Loan

Emergencies and unforeseen expenses can disrupt even the most thought out plans. A Short Term Loan from PFCU helps you get by when cash is tight.

  • Terms available up to 36 months
  • Rebuild your credit
  • Lower fixed APR

Debt Consolidation Loan

Looking to consolidate high-interest credit cards or unsecured debt? A debt consolidation loan may be a great option to consolidate debts into one manageable payment without collateral. Debt consolidation may help you:

  • Lower your interest rate for lower payments
  • Save money by paying off your loan sooner or for less interest
  • Lower your payments by extending the length of your loan
  • Save time with fewer bills to pay
  • Apply the money you save to other things or to pay off debt sooner
  • Improve your credit score
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Unsecured Line of Credit (Overdraft)

The Unsecured Line of Credit offers two main benefits: you’ll receive overdraft protection for your PFCU checking account, and you’ll have a personal line of credit to use when you need it. If you ever overdraw on your checking account, your funds will be transferred automatically. When you need a little extra, your line of credit can help with cash flow. 

  • Payments will be calculated at 2% of the balance
  • Fixed interest rate

Personal Loans: * APR=Annual Percentage Rate. Loan Rates as of 1/16/24. Applicants are subject to credit approval and PFCU underwriting guidelines. Actual rates may vary on Personal Loan Products. Additional terms and conditions may apply. Rates and terms are subject to change at any time. To qualify for membership, other deposit and loan products, you must open a savings account with a minimum deposit of $5.00.

Consumer Loans: * APR=Annual Percentage Rate. Loan Rates as of 3/13/23. Actual rates may vary on Personal Loan Products. Applicants are subject to credit approval and PFCU underwriting guidelines. Additional terms and conditions may apply. Rates and terms are subject to change at any time. To qualify for membership, other deposit and loan products, you must open a savings account with a minimum deposit of $5.00.

Share Secured: * APY=Annual Percentage Yield. APYs are effective as of 3/13/23 and are subject to change without notice. Rates are for comparison only. Actual rates may vary. Fees could reduce the earnings on the account (only applies if maintenance or activity fees are associated with the account). Transaction limitations on savings/share account: During any month, you may not make more than six (6) electronic transfers between accounts at PFCU, accounts at other financial institutions or third-party payments.  Electronic transfers include preauthorized, automatic (overdraft), computer (online), ATM and phone transfers. You are not able to exceed the transfer limitation set forth above. Electronic transfers scheduled to occur after the threshold of 6 has been reached will be rejected.

Not responsible for typographical errors.

To qualify for membership, other deposit and loan products, you must open a savings account with a minimum deposit of $5.00.

Become a Member Today

We are a not-for-profit, full-service financial institution open to anyone who lives, works, worships or goes to school in Morris, Essex, Somerset and Union Counties. We are proud to offer all the benefits, products, technology, security and convenience of a big bank -- without the big bank headaches, bureaucracy or hidden fees. Join us today!
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