Unlike a secured loan - which requires collateral to secure the loan, such as a house or your car- our Signature Loans require only your signature! National Police Federal Credit Union offers both secured and unsecured loans. Be sure to speak with a credit union representative to determine the best options for you.
Signature Loan
Signature Loans allow you to borrow on your signature alone for whatever you need. No collateral is needed and you can use the funds to pay for anything!
- Rates starting as low as 9.90% APR*
- Maximum $25,000 loan amount for 730 or above credit score
- Financing available for up to 60 months
- Easy repayment through payroll deduction and external loan payment
- No collateral needed
- Qualifies toward End of Watch Loan Protection
- Inexpensive Debt Protection available
*APR = Annual Percentage Rate. Credit restrictions apply
Share Secured Loan
A Share Secured Loan is a loan that is secured by funds that you have available in a Savings Account at the credit union at the time of application. It allows you to get a rate much lower than our low Signature Loan rates.
The loan has flexible terms and the rate is based on the amount financed:
The loan has flexible terms and the rate is based on the amount financed:
- $100 - $2,999.99 = 3.03% APR*
- $3,000 - $24,999.99 = 3.05% APR*
- $25,000+ = 3.09 APR*
*APR = Annual Percentage Rate. Rates adjusted periodically
