You can borrow against the money you have in your regular (share) savings account or in a share certificate account by pledging those funds towards a share secured loan. Because you are pledging your savings, this type of loan can be made without concerns of credit worthiness. This is usually the fastest and least expensive way to borrow money.
Shared Secure Rates
Effective date: 10/1/2019
|Collateral||Term Months||APR* Tier A+||APR* Tier A||APR* Tier B||APR* Tier C|
|Unsecured – Line of Credit||Revolving||12.00%||14.00%||17.00%||18.00%||1|
|Unsecured – Closed End||60||10.00%||11.00%||14.00%||18.00%||2|
|VISA – Classic or Share Secure||Revolving||9.90%||12.00%||14.52%||14.52%||3|