Personal Loans
Fast and flexible personal loans designed to fit your life.
Personal loans are a smart choice when you need extra cash without the hassle. You can use them for just about anything, including medical expenses, home renovations, wedding costs, emergency repairs, or travel.
You can also consolidate multiple high-interest credit cards or loans into one personal loan for fewer, low-rate payments. Ultimately, personal loans give you more control over your finances. Whether you're building credit, managing a major purchase, or just need some breathing room, a personal loan can help you move forward with confidence.
Personal Loan & Line of Credit
Get the funds you need for whatever
comes your way.
Home Improvement Loan & Line of Credit
Upgrade your home without touching your equity.
Whether you’re planning something big or dealing with an unexpected bill, personal loans offer fast, flexible funding designed to fit your needs.
Life Event Loan
Prepare for life’s milestones, whether you’re getting married or moving across the country.
Travel Loan
Answer the call of adventure. Secure the funds for your next getaway, cruise, or international escape.
Health & Wellness Loan
Flexible financing for anything from medical costs and family planning to your personal wellness goals.
Holiday Loan
Between gift purchases, travel, and holiday events, make the season special without the stress.
Choose the personal loan that fits your budget and goals.
| Personal Loans | Personal Line of Credit | Unsecured Home Improvement Loan | Unsecured Home Improvement Line of Credit | |
|---|---|---|---|---|
| Purpose |
Consolidate loans, pay bills, or fund large purchases. | Advance funds as needed to cover monthly expenses, make a large purchase, or consolidate loans. | Obtain funds quickly and easily to make home upgrades and repairs (requires homeownership). | Advance funds as needed to make home upgrades and repairs (requires homeownership). |
| APR |
8.39% - 24.15% APR1 |
Variable 9.24% - 18.00% APR2 |
7.89% - 21.39% APR3 |
8.25% - 15.75%3 |
| Max Term | 60 months | Revolving | 60 months | Revolving |
| Origination Fees | None | None | None | None |
| Underwriting | Credit-based | Credit-based | Credit-based | Credit-based |
Apply For A Personal Loan With BCU
A BCU Personal Loan is made to fit your needs and timeline. We customize lending to match your goals and budget with simple, stress-free terms. There are no application or pre-payment fees, and you can get an additional APR reduction with Rewards Rates. Take advantage of a fast and simple application process and receive your funds as soon as the same business day!
Fast Approval
Easy application and quick approval process.
Quick Funds
The money you need as soon as the same business day.
Rewards Rates
Additional APR reduction when you qualify for Rewards Rates.
No Fees
No application or pre-payment penalty fees.
Common Questions
Check out our FAQs and/or connect with an expert to help you navigate your personal loan options.
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Are there any fees associated with a Personal Loan?
If you choose to have loan proceeds deposited directly to an account, there are no fees. However, if you choose to have loan proceeds sent to you by physical check, a $10 UPS fee will apply.
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What are the interest rates for a personal loan?
The Credit Union rates are determined by a number of variables, including—but not limited—to credit score, loan type, etc. All lending decisions, including rates, are made in compliance with the Fair Housing Act (FHA) and Equal Credit Opportunities Act (ECOA).
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How much can I borrow?
Since all pre-approvals are based on a number of variables, a loan application must be submitted for underwriter review to determine the financing amount you qualify for.
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What is the repayment period for a personal loan?
The Credit Union offers a wide range of loan repayment options. Once you apply, you will be assigned a loan representative who will work with you to find the repayment options best suited to your individual needs.
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Are there any fees associated with personal loans?
Yes, the Credit Union offers loan discounts to help you get the best rate possible. Keep in mind our standard rates include a 1.00% discount for automatic payments. You’ll receive an additional 1.00% rate discount for loan terms up to 36 months. Plus, you can save an extra 1.00% off your loan rate when you qualify for the Rewards Rates discount.
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Disclosure
1APR is Annual Percentage Rate. APR is subject to change. The rates listed assume an automatic payment method, a loan term up to 36 months and includes a 1.00% discount for having two of the following relationships: direct deposit of at least $1,000 or more into a credit union checking account; at least $25,000 on deposit with the credit union; or a loan in good standing. Qualifying loans include: Mortgage, Home Equity, Auto, and Credit Cards. A qualifying loan must have a current balance and credit cards must have a transaction within the past 30 days. Any Credit Union loan that is not in good standing or delinquent will disqualify you for Rewards Rates. Rewards discount cannot be applied to Credit Cards, and CD and Deposit Secured Lines of Credit. All rates are subject to credit certification and approval. The rates shown are the lowest available and your rate may be higher. An example of payment terms are as follows: an amount financed of $7,500 with an APR for 13.75% and a term of 60 months would have a monthly payment of $175.44.
2APR=Annual Percentage Rate. The APR will be based on the Prime Rate as published in The Wall Street Journal Money section (Index) plus a margin between 2.74% and 11.74% based on your credit profile. The Annual Percentage Rate is subject to change each time there is a change in the Index and will be effective the first day of the following month. The rates listed assume an automated payment method and include a 1.00% discount for having two of the following relationships: a checking account with direct deposit of at least $1,000 per month; at least $25,000 on deposit with the credit union; or another qualifying loan in good standing. Qualifying loans include: Mortgage, Home Equity, Auto, and Credit Cards. A qualifying loan must have a current balance and credit cards must have a transaction within the past 30 days. Any Credit Union loan that is not in good standing or delinquent will disqualify you for Rewards Rates. All rates are subject to credit certification and approval. Maximum APR for all credit is 18.00%.
3APR is Annual Percentage Rate. APR is subject to change. The rate listed assumes an automatic payment method, a loan term up to 36 months and includes a 1.00% Rewards Rate discount for having two of the following relationships: direct deposit of at least $1,000 or more into a credit union checking account; at least $25,000 on deposit with the credit union; or a loan in good standing. Qualifying loans include: Mortgage, Home Equity, Auto, and Credit Cards. A qualifying loan must have a current balance and credit cards must have a transaction within the past 30 days. Any BCU Loan that is not in good standing or delinquent will disqualify you for Rewards Rates. Rewards Rate discount cannot be applied to Credit Cards, CD and Deposit Secured Lines of Credit. Opting out of automatic payment results in a 2.50% interest rate increase. All rates are subject to credit verification and approval. The rates shown are the lowest available and your rate may be higher. An example of typical payment terms are as follows: an amount financed of $10,000 with a 12.39% APR and a term of 60 months would have a monthly payment of $226.64.
4APR = Annual Percentage Rate. Rates subject to change. The APR is based on the Prime Rate as published in The Wall Street Journal "Market Data Center" Section (Index). The APR is subject to change each time there is a change in the Index and will be effective on the first day of each calendar month. The APR will be calculated each month by adding a margin between +1.75% and +8.25% to the Prime Rate and is based on the credit profile. If the Interest Rate increases, your monthly payments may be higher. Although the rate will vary after you are approved, it will never exceed 18.00% (the maximum allowable for this loan). Rate includes a 1.00% discount for having two of the following relationships: direct deposit of at least $1,000 or more into a credit union checking account; at least $25,000 on deposit with the credit union; or a loan in good standing. Qualifying loans include: Mortgage, Home Equity, Auto, and Credit Cards. A qualifying loan must have a current balance and credit cards must have a transaction within the past 30 days. Any Credit Union loan that is not in good standing or delinquent will disqualify you for Rewards Rates. Rewards discount cannot be applied to Credit Cards, and CD and Deposit Secured Lines of Credit. All rates are subject to credit certification and approval.