Share secured personal loans have a fixed-rate and are secured by equal funds in your LorMet savings account. This is a great option to make a purchase without dipping into your savings.
This is also a great way to establish or re-establish credit!
Typical uses:
- Building Credit
- Re-Establishing Credit
- Home Improvements
- Vacations
Features:
- Low Fixed Rate
- Payments reported to credit bureau
- Savings continue to earn dividends
- Pledge for yourself, family, and friends
Minimum loan amount $1,000.