Flexible Financing to Fit Your Life
Need extra funds for a major purchase, debt consolidation, or unexpected expenses? At Options Credit Union, our personal loans offer competitive rates, fast approvals, and flexible terms - so you can focus on what matters most.
Why Choose Options Credit Union?
As a member-focused institution, we prioritize your financial well-being. Whatever your goal, we'll help make it achievable. Our Personal loans are designed with your needs in mind, offering:
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Low, Fixed Rates
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No Collateral Required
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Flexible Terms and a Variety of Loan Programs Available
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Quick Access to Funds
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Local Decisions
Experience the Options Credit Union difference - where your financial goals drive our commitment to exceptional service. Gain access to a full suite of financial products and services tailored to your goals when you become a member.
Personal Loan Options for Anything You Need:
Fixed Rate Signature Loan
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Debt consolidation
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Emergency expenses
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Medical bills
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Major purchases
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Education or certification expenses
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Wedding or event expenses
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Start-up small business costs
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Moving or relocation expenses
Mechanical Coverage Loan
Mechanical Coverage Loans cover the policy cost of purchasing a service contract for your vehicle. Service contracts are beneficial in protecting your used vehicle purchase, avoiding major repair costs. Let us help you get peace of mind and make it affordable!
Personal Line of Credit
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Flexible and convenient
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Ideal for fluctuating expenses, seasonal needs, or unexpected costs.
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Reusable credit, get approved once and borrow repeatedly.
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Only pay interest as you use it, for only the amount borrowed
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Manage borrowing costs more efficiently
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Improved cash flow management eliminating costly overdrafts
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Great for emergencies
Options Loan
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12 month repayment plan
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Great for holiday expenses and vacations
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Fast approvals
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Less restrictions than traditional loans
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Higher loan amount than typical payday loans
Freedom Loan
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Payday loan alternative
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Small loan amount with quick access to cash
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12 month repayment plan
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Fast approvals for urgent needs
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Less restrictions than traditional loans
All rates are accurate as of 11/20/2025, subject to change.
APR is the Annual Percentage Rate.
Loan Type | Rate Range | Terms |
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Fixed Rate Personal Loan | 9.25%-21.00% | up to 60 months |
Mechanical Coverage Loan | 6.50%-21.00% | up to 36 months |
Personal Line of Credit | 14.00-21.00% | NA |
Options Loan | 8.25%-21.00% | 12 months |
Freedom Loan | 21.00%-21.00% | 12 months |
Holiday Helper | 6.25%-18.00% | 12 months |
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The rate will vary based on personal credit history and underwriting factors.
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Programs, rates, terms and conditions are subject to change without notice.
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The applicable rate will be provided upon completion of a loan application.