Personal Loans
Replace budget-breaking expenses or mounting personal debt with stability, predictability, and affordable payments. Manage life’s surprises better with a Telcoe Federal Credit Union Personal Loan.
Get Easy Access to the Funds You Need
Fast, Affordable, Fixed-Rate Financing for Just About Anything.
Life is full of surprises. A Personal Loan from Telcoe Federal Credit Union is the perfect way to handle unexpected expenses or pay down higher-interest debt.
Quick, convenient, and affordable, our loans let you turn out-of-control costs into fixed, predictable monthly payments over up to five years. They’re also a great way to finance major costs like a wedding or a once-in-a-lifetime trip.
- Friendly local service & loan approval
- Turnaround time is as little as 24 hours
- Generous lump sum payout
- Customized repayment terms
Don’t let car repairs, medical bills, an unavoidable major purchase, or rapidly accumulating credit card balances throw you off course financially. Turn today’s financial uncertainty into long-term peace of mind with a Telcoe Personal Loan.
Click below to get your loan application started!
Telcoe Federal Credit Union Personal Loan Rates
| TYPE | APR | AMOUNT | TURNAROUND TIME | TERMS |
|---|---|---|---|---|
| Signature | As low as 8.54% | $200 to $10,000 | Same day when credit allows | up to 30 months |
All loan rates are variable and subject to change at any time.
Plan Ahead with Our Personal Loan Calculator
Enter your desired loan amount and fixed interest rate into our Personal Loan Calculator and see how much you will need to pay back every month.
★★★★★
"Awesome people who care about our local community, Best rates, best
customer service, very well
organized!"
– Randall R., Russellville, Arkansas
★★★★★
"I’ve been banking with them for 21 years. I’ve always had pleasant experiences. They have always been professional and always willing to help."
– Petra L., Little Rock, Arkansas
★★★★★
"I can’t say enough amazing things about these people. What a great place to work with and they offer great rates if you want to invest money."
– Drew S., Little Rock, Arkansas
Personal Loan FAQs
What is an unsecured personal loan?
An Unsecured Personal Loan is a loan that does not require collateral. Unlike a secured loan, you don’t have to pledge an asset — like a car, home equity, or a savings account — to get approved. Because there’s no collateral that would allow the lender to recover money if you fail to pay your loan, unsecured loans often have higher interest rates than secured ones.
What is the maximum term for a Telcoe Unsecured Personal Loan?
Telcoe typically offers terms of up to 60 months for our Personal Loans, depending on a member’s credit history, employment history, income, existing debt burden, and other factors.
How are funds paid out?
Once approved, funds are dispersed as a single lump sum directly into your Prime Savings Account.
How are Personal Loans repaid?
Telcoe’s Unsecured Personal Loans are fixed-rate loans. That allows borrowers to make a single, fixed monthly payment for the duration of their loan term, making it easier to budget and plan for other priorities.
What can I use a Telcoe Personal Loan for?
Our Unsecured Personal Loans are meant to provide rapid access to affordable funds for a wide variety of needs. You really can use your loan money for almost anything you please. However, most members choose to use the funds to improve their financial situation by paying down bills, for debt consolidation, or to spread out the cost of major expenses like medical costs, car repairs, or a new computer.
How much will a $10,000 loan cost a month?
The monthly cost of a $10,000 loan depends on several factors, like the interest rate and loan term. For example, if you have strong credit and secure a 9% APR with a 48-month term, your monthly payment would be $248.85, and you would pay $1,944.82 in interest over the life of the loan.
If you want to explore different scenarios and potential loan payments, we recommend using our loan calculator.
What do you need to qualify for an unsecured loan?
To qualify for an unsecured loan you need to have a good financial history, including:
- A good credit history
- Stable income
- A low debt-to-income (DTI) ratio
Do I need to be a Telcoe member to apply for a Personal Loan?
Yes, you do need to be a Telcoe Federal Credit Union member to qualify for an Unsecured Personal Loan. Becoming a member is easy.
Telcoe proudly serves various large and small employer groups, organizations, charities, and counties throughout Arkansas. If you’re employed by one of our Select Employer Groups, you could be eligible to join Telcoe and enjoy our membership benefits.
Membership is also open if you live, work, attend school or worship in the state of Arkansas. You must have an Arkansas driver’s license or state-issued ID.
Have questions? We’re here to help — just contact us!
Borrow Money the Smart Way With a Personal Loan from Telcoe
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Plan ahead with a Christmas loan and spread the cost of celebrations across the
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Home Equity Loans
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