Trust us on this one. A share secured loan from CP Federal is a much better deal than hitting up a well-to-do relative. You don't get the guilt, or any strings attached. Best of all, you pay yourself back! The funds you have on deposit become collateral for a low-rate loan. It's a perfect way to repair credit. Plus you get funds you need without depleting your savings.
- Competitive interest rates
- Secured by your regular share account or share certificate account
- Great for building or repairing your credit
- Continue earning dividends on deposits
- Avoid penalty for early share certificate withdrawal
- Flexible terms and monthly payments that fit your needs
- Easy application process
- Local decision-making and processing right here in Mid-Michigan
- Customized, friendly service from our experienced lending team
Borrowers must be of legal age to apply for a loan.