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Personal Loan


Signature Loan
We let you have fast access to cash when you need it! No matter what your financial need, Andrews Federal has a personal loan to help you realize your dreams. Consolidate bills, take a special vacation, upgrade to a new computer. There's a monthly plan to fit every budget. We offer loans from $1,000 to $50,000 with flexible terms up to 84 months. Use our signature loans to make it happen. Whatever you decide, we'll help you reach your financial goals.

Secured Loan
A secured loan at Andrews Federal generally has better rates and terms because it's backed by your savings or certificate accounts. Yet, even while your savings serve as the collateral on your loan, they still earn the high dividends you expect. It's another way to make your savings work for you. (IRA Shares or IRA Certificates cannot be used as collateral.)

Lines of Credit
With credit lines up to $50,000, you can use a Personal Line of Credit for travel, big purchases, and more! Or, apply for an Overdraft Line of Credit on your Andrews Federal checking account to avoid the hassle and expense of a check that's returned due to insufficient funds.

Unsecured Lines of Credit
Loan TypeAPR1Monthly Payment
Overdraft Line of CreditAs low as 14.00%3% of outstanding balance; minimum $30.
Unsecured Line of CreditAs low as 10.00%3% of outstanding balance; minimum $30.
1APR = Annual Percentage Rate. APR is variable and is based on the Wall Street Journal Prime Rate plus a margin of 3.5% or 7.5%. Rates subject to change each quarter.
September 1,2010
 

LoanGuard
Counter-balance your financial risk with debt protection that pays.  Ask about Andrews Federal’s LoanGuard, our voluntary, loan-payment protection product that can cancel or reduce repayment of your loan debt in time of an unexpected life event. Even with the best preparation, life can still take you by surprise and possibly impact your financial well-being.

Choose to protect your loan and lessen the worries for you and your family for good. LoanGuard is available on all auto loans, credit cards, unsecured loans and lines of credit as well as home equity lines of credit. Ask about LoanGuard when you apply for a loan today.*

*LoanGuard is a debt protection product offered by Andrews Federal Credit Union and is not available on first mortgages. Enrollment in this debt protection product is voluntary and not required to obtain a loan. Please contact us for additional information on benefit maximums, eligibility, and limitations. Currently available online and through branches, will be available via call center in October 2009.
 



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