Whether you’re consolidating debt, financing a big purchase, or helping a young member build credit, Extra Credit Union has loan options designed for your life. With competitive rates, flexible terms, and guidance you can count on, we make borrowing simple and supportive — so you can focus on what matters most.
Borrow for What Matters Most
Drive Away with Confidence
Empowering Tomorrow’s Borrowers
Adventure Awaits – Finance It
At Extra Credit Union, you're more than just a customer—you're a member-owner. We prioritize your financial well-being by offering personalized service, competitive rates, and a suite of benefits designed to help you achieve your goals.
Feeling buried by high-interest debt? You’re not alone — and you don’t have to face it by yourself. At Extra Credit Union, we created the Debt Crusher Program to give you a way forward. With one manageable monthly payment designed around your budget, we’ll help you take control, pay down what you owe, and finally breathe easier. We’ll even pay off your existing creditors directly — so you can stop stressing about balances and start moving forward.
Debt Crusher is built with you in mind.
We’ll start by reviewing your credit report — not to judge, but to understand your history and help you improve your score. Your loan amount is based on your monthly income, so payments are realistic and sustainable. Once approved, we’ll pay your creditors directly and help you close accounts that are keeping you stuck in the debt cycle.
Discover everyday banking solutions designed to help you save, spend, and plan with ease. From flexible accounts to convenient tools, Extra Credit Union makes managing your money straightforward and stress-free. Ready to find what works for you?
Have questions about banking with Extra Credit Union? We’ve got you covered. Explore our FAQs to find quick answers about accounts, services, fees, and more.
We work with people of all credit backgrounds and work on a one-on-one basis to establish a loan that works best with each individual. Instead of simply making a decision based on your credit score, we also listen to your story. We know bad things happen to good people.
You can apply in person at Extra Credit Union, online at extracreditunion.org, from within eBanking, or over the phone by dialing (586) 276-3000.
Your loan may take as little as a few hours to process, but should take no longer than four days to process in full. This process depends on the details of your loan terms and your individual credit history, as well as getting all of the required documents {i.e. paystubs, payoff letters, etc.} needed from you. For most personal loans, we can close in one day; when loan money is being used to pay off other debt, closing can take longer, up to a week or two.
Your Member Service Representative will work with you to help you decide the best loan amount to cover your needs while keeping your payment affordable. The amount is also determined by factors such as your credit score and income, among others. Note: If you are applying after hours, we suggest you apply for the full amount you’d like, and a credit union representative will determine whether you’re eligible for that full amount.
Yes. Extra Credit Union specializes in helping our members establish credit as first time borrowers, as well as helping members reestablish credit. We understand that bad things happen to good people.
This depends on a number of factors, but our rates can be found at ExtraCreditUnion.org under the Loans to Build Your Life tab, then click on Rates.
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