With a Share Secured Loan, you borrow against your savings at Democracy FCU and receive a low-rate loan, while still earning interest on your financial resources on deposit!
- Low- rate loan is secured by funds in your savings account or in share certificates
- Good alternative to adding to higher cost credit card debt
- Streamlined application process with no credit review with Democracy FCU
- Continue to accrue dividends during the loan period
- Member Choice Borrower Security
- Helps build or repair credit