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Personal Loans

Use your money as you see fit when you need it most!

OUCU Financial offers personal loans to help you get the money you need right away. Qualified members can obtain small loans to help them when they need it most. Most loans are quickly deposited into your bank account, allowing you fast access to the loan amount. Small personal loans are an ideal option for life events!

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Medical Care

Veterinary Care

Car Service

Consolidating Credit
 

Starting a Business

Student Loans

Weddings

Vacations
 

 

Find a Personal Loan That’s Right For You!

Personal loans are a great option for life’s unexpected moments. Most loan options from OUCU offer low-interest rates and no prepayment penalties. Our personal loans can be tailored to fit all of your short-term and long-term financial needs.

Personal Signature loans

Personal Loans

With a personal or 'signature' loan, you can choose to use your money as you see fit.

This loan is an ideal option for those that are looking to consolidate their debt, make a large purchase, or secure extra income until the next pay period. Personal signature loans can be easily obtained without any collateral. With just your signature, you can have fast access to the loan that you need.

Personal Signature loans include:

  • These loans are fixed-rate loans at 11.24% APR1
  • Minimum loan amount is $1,000 
  • Up to 60 months repayment terms

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Share Secured Loans

Share secured loans are an excellent alternative to get the money you need at a low rate. With a share secured loan, you can borrow money against the amount already in your savings or certificate account.

These loans offer:

  • Rate is the savings/certificate rate plus 3% APR2
  • Between $1,000 and $25,000 available for borrowing
  • Up to 60 months to repay the balance

OUCU Financial offers competitive rates for secured loans.

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Shared Secured Loans
 
CU Cash Now

CU Cash NowTM

Have you used a payday advance loan? These loans often come at a very high cost and may negatively affect your credit score. Most payday advances can have up to 800% annual percentage rates and steep penalties if repayment schedules are not adhered to.

At OUCU, we understand that sometimes there is an immediate need for a cash advance, which is why we offer our CU Cash Now™ option. This personal loan allows our credit union members to obtain a small loan to carry them over until the next pay period.

CU Cash NowTM loans offer:

  • Up to $500 credit limit
  • 18% APR3
  • Automatic repayment options with a minimum of $20 a month

The CU Cash NowTM is accessible for OUCU members for as low as a $50 annual service fee. This small personal loan can be available to you regardless of your credit history.

Let us work with you to improve your financial situation.

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Alexander Inclusive Playground 0% Donation Loan 

Alexander

 

Are you interested in making a donation to the Alexander Inclusive Playground?

To support this amazing project, we’re offering a 0% special purpose unsecured loan. Once the loan is closed, we’ll immediately give those funds to the project. 

  • $1,000 minimum loan amount 
  • 0% APR* 
  • Term depends on loan amount; maximum 60 months

Please use the promo code Alexander Play when applying. 

CLICK READ MORE ABOUT THIS PROJECT  

APPLY

*APR = Annual Percentage Rate. Subject to credit approval. On a $1,000 loan for 12 months, your monthly payment would be $83.34. If you make a payment 10 days or more after the due date, you may be charged 5% of the monthly payment amount. 

 

Look No Further For The Best Small Personal Loan

Finding the best small personal loan can be challenging, but with the help of OUCU Financial, you can get the financial guidance you need fast. We are proud to be a trusted personal loan company that offers competitive rates and budget-friendly loan payments for qualified buyers.

OUCU provides quality products and services to our members, including:

Our loan officers can discuss loan terms, interest rates, and payment schedules to help you determine what is the best small personal loan for your needs.

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Qualifying for a Personal Loan

  • Meet minimum credit score requirements
  • Provide proof of income and ability to repay your loan
  • Show proof of your repayment history on your debt
  • Be in good standing with the credit union*

If you have bad credit or if you are looking for a higher loan amount, you can consider cosigning with another person. A loan officer can always help you make smart financial decisions regarding your loans.

Regardless of the loan type or the amount that you are looking to obtain, OUCU can help.

 

Tools & Services

What Is The Best Small Personal Loan For You?

Personal loans are a great option for life’s unexpected moments. Most loan options from OUCU offer low-interest rates and no prepayment penalties. Our personal loans can be tailored to fit all of your short term and long term financial needs. 

To qualify for a loan with OUCU Financial, you must:

  • Meet minimum credit score requirements
  • Provide proof of income and ability to repay your loan
  • Show proof of your repayment history on your debt
  • Be in good standing with the credit union

If you have bad credit or if you are looking for a higher loan amount, you can consider cosigning with another person. A loan officer can always help you make smart financial decisions regarding your loans.

Regardless of the loan type or the amount that you are looking to obtain, OUCU can help.

1    Minimum term: 12 months, Maximum term: 60 months. Interest rate range is 11.24% APR to 18.99% APR.The payment on a $5000 loan would be $109.30 by using the non-variable interest rate of 11.24% APR with a 60 month term and no origination fee. Late fee: If you make a payment 10 days or more after the due date, you may be charged 5% of the monthly payment amount.

2    Minimum term: 12 months, Maximum term: 60 months. Interest rate range: rate is 3% + the dividend rate on the deposit account. Deposits must be in a fixed rate account like S1 or certificate. Funds cannot be in the Money Max account. If the secured funds are in a savings account earning .05% Annual Percentage Yield, the loan rate would be 3.05%  APR. The payment on a $5000 loan would be $89.97 by using the $18.00 per $1000 at a non-variable interest rate of 3.05% APR with a 60 month term and no origination fee. Late fee: If you make a payment 10 days or more after the due date, you may be charged 5% of the monthly payment amount.

3 Must be an OUCU member in good standing for a minimum of 120 days. Member must be in good standing at the time the loan is applied for and each time an advance is made. Member must be employed for a 6-month period, or be receiving verifiable fixed income, must provide proof of income and time on job at the time of application. Member cannot be in the process of filing for bankruptcyMinimum term: This is a line of credit. Maximum term: 5 year renewal period. If line is not renewed the access would stop at year 5 and payments would continue until paid in full. Interest rate range: 18% APR is the rate. On a $500 loan at 18% with a minimum payment of $20 will take 32 months to pay in full, total finance charge $130.91. Late fee: If you make a payment 10 days or more after the due date, you may be charged 5% of the monthly payment amount.