Let Your Certificate Work Double Duty

Certificate Secured Loans

A Certificate Secured Loan lets you borrow against your existing AFFCU Certificate Account as collateral for a low-rate loan.

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About Certificate Secured Loans

Unexpected expenses happen and if you want to avoid high-interest credit card debt or paying early withdrawal fees on your AFFCU Certificate Account, consider borrowing against it with a Certificate Secured Loan.

Borrowing against your Certificate Account can help build or re-establish credit, and you’ll continue to earn interest while still having extra cash at hand. Plus, you won’t need to bother with a credit check or lengthy approval process.

    Certificate Secured Loan Features

  • No credit check required

  • Fixed interest rate for the life of the loan

  • Borrow up to 100% of your account balance

  • Funds in your Certificate Account continue to earn dividends

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    Certificate Secured Loan Benefits

    Low Rates

    Build or Repair Credit

    Less Risk

    Flexible Terms

    Certificate Secured Loan Rate

    Rates effective as of:

    Term APR*
    6 to 60 months 2.5% above the pledged Certificate Account APY

    * APR = Annual Percentage Rate. Membership eligibility required. Rates subject to change at any time without notice. 

    Certificate Secured Loan payment example: $5,000 borrowed at 5.70% (2.5% above the pledged Certificate Account APY of 3.20%) for 60 months will have an estimated monthly payment of $97. Use an AFFCU Financial Calculator to calculate loan payment amounts.

    Earn While You Borrow

    Use the balance in your Savings Account as collateral for a one-time advance.