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VARIABLE LINE OF CREDIT...YOUR READY SOURCE FOR CASH!
Suffolk Federal Credit Union's Variable Line of Credit features a low interest rate plus the convenience of automatic monthly payment through your Advantage Checking Account and a host of convenient ways to access your available loan funds. The monthly activity on your line of credit account is detailed on your consolidated monthly statement along with the next payment amount and due date.
It's the personal loan you have access to 24 hours a day, seven days a week. Best of all, you just complete one simple application and when your line of credit is approved you will have a ready source of cash (up to $20,000) for years to come, without additional paperwork or the need to see a loan officer. And you pay nothing for this service until the funds are activated.
Use your checking account and Line of Credit to "write yourself a loan" for a major purchase or unexpected expense. No matter where or when you need money, you can access your personal line of credit for any amount up to your approved credit limit simply by writing a check. You can also access your credit line by visiting any SFCU branch or through our ATM, or through MTS, our 24-hour Member Telephone Service. No other type of loan provides you with this much flexibility and convenience.
Variable Line of Credit
A personal loan product designed to provide the utmost convenience. An unsecured line of credit that is available when you need it... without having to apply and reapply. Access Funds 24/7 via MTS.
Minimum Line... $500
Maximum Line... $20,000
Minimum Payment... 2% of balance
Maximum Term... NONE
Help Loan
This loan is available to provide immediate assistance at the time of a crisis or disaster. The Help Loan is not always available and cannot be refinanced.
Minimum Loan Amount... $500
Maximum Loan Amount... $10,000
Minimum Payment... $50 per month
Maximum Term... Up to 10 years
Shared Secured Loan
This is a loan secured by the available balance in your Share Savings Account.
This loan can be used for any purpose.
Try our Loan Calculator to calculate what your monthly loan payment would be. This saves you from guessing what you can afford.
View up to date information on our current rates.
Apply today using our Online Loan Application.
Personal Loan
A traditional personal loan available to members who may not qualify for an unsecured line of credit.
Minimum Loan Amount... $500
Maximum Loan Amount... $10,000
Minimum Payment... $25 per month
Maximum Term... 5 years
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