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Personal Loans

Personal Loans

Personal are specifically designed to meet your changing needs. Use them for holidays, vacations, emergencies, and lifestyle, your choice. Receive one lump sum and pay it back in fix monthly payments.

  • Personal Loans
    • Loan amounts from $100 to $40,000*
    • Flexible terms up to 84 months*


    *Certain restrictions apply. Some products may not be combined with other Democracy FCU discounts. Loan decisions based on member qualifications and credit score.

    • Up to $2,000*
    • A direct deposit of at least $350.00 within the last 30 days
    • No Credit Check!*
    • Easy to apply
    • Same day cash
    • Helps you build credit
    • Emergency cash
    • Pay it back in up to 12 months*
    • 30 days membership


    *Certain restrictions apply

  • Personal Lines of Credit
    • An unsecured loan that makes cash available when you need it most
    • Receive Line of Credit checks you can use instantly to draw on your credit line
    • Transfer funds from your line of credit to your checking account through Online Banking 


  • Move Me Loan

    Looking to rent? Make moving into your new place a reality with our Move Me Loan!

    • Fixed rate of 7.00% APR*
    • Minimum amounts starting at $1,000 up to $8,000*
    • Defer payments for 60 days!*
    • Terms up to 48 months*


    *Certain restrictions apply. Some products may not be combined with other Democracy FCU discounts. Loan decisions based on member qualifications and credit score.

Calculate Your Personal Loan Payment

Enter Desired Loan Amount
84 months
Payment Amount
72 months
Payment Amount
60 months
Payment Amount
48 months
Payment Amount
Payment Amount
24 months
Payment Amount

Apply Today Contact Us to Get Started

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Looking to Consolidate Debt?

Loan Consolidation Calculator

Related Products and Services

Why get a personal loan at Democracy FCU?

Personal loans are among the most popular loan payment options available. They’re based on a fixed repayment period in which the bank or lender calls for fixed monthly payments. Payments are also unsecured, meaning there’s no collateral or down payment required. Monthly versions often require a suitable credit score to ensure you’re an optimal candidate. If you do qualify, the loan can range as low as $1,000 to more than $50,000. One of the most important aspects to consider is the APR or interest rate. Democracy FCU offers Personal Line of Credit Rates with a $30,000 maximum and an APR based on the variable rate of Wall Street Prime plus 6%. This rate will never fall below 10% or exceed 18%. Note an increase in the Wall Street Prime index will result in higher monthly payments. Payments are variable, with a 2.5% range depending on current balances. 

Democracy FCU is your go-to financial institution for personal loan payments. Our loan services are perfect for anyone who needs them, especially students and young adults. If you’re looking for a personal student loan, call us today. We tailor our loans to your financial needs. They can range between $100 to $40,000 for up to 84 months of payment. Democracy FCU is the leading member- owned financial credit union in Washington, DC, Northern Virginia, and Maryland. We strive to build community relations and provide the best credit services for those who need them. Contact us today to learn more! You can call us on our service line or fill out our online contact form. Our team of expert financial advisers is here to help in any way we can!