Affordable Personal Loans

Get some coin to support your dreams

Apply Online!

You should have a stupendous life. In fact, Extra Credit Union will invest in helping you to create a life that rocks.

Check out our six signature personal loans to help you along your way:

• Personal Loan
• flexLINE of Credit
• Life Happens Loan
• Debt Crusher Program
• Savings Secured Loan
• Youth Loan

Personal Loan
Yeah, sometimes it takes money to make life easier and achieve our goals. ECU is here to help you, whether you want to repair your car, furnish your first apartment or invest in a laptop.

We offer personal loans {for those who qualify … loan approval is based on your current credit standing} with payment terms of up to 72 months. Our affordable rates are lower than most retail/store credit rates with no need for collateral. We will develop an installment payment plan, so you know your monthly payments, when payments are due and when your loan will be paid off.

• Apply online: There is no obligation.
• Apply in person: Sit down and chat with one of our friendly and knowledgeable lenders.
• Apply by phone: Call (586) 276-3000. We are available 24 hours a day, 7 days a week.

flexLINE of Credit
We all can use a little extra money at times. This line of credit is a pre-approved amount that you can tap into only if you want or need it. Members appreciate this safety net as it:

• Maintains cash flow
• Can be accessed in case of emergencies or miscalculations
• Gets repaid at a fixed interest rate
• Involves no annual fees
• Can help avoid costly fees when attached to a checking account

Accessing your flexLINE is easy. Draw off it by visiting Extra Credit Union, using a debit or ATM card, or use eBanking to transfer funds to your checking or savings accounts. A flexLINE, when used responsibly, can even help improve your credit score.

Enjoy the flexibility of a flexLINE of credit today!

• Apply online: There is no obligation.
• Apply in person: Sit down and chat with one of our friendly and knowledgeable lenders.
• Apply by phone: Call (586) 276-3000. We are available 24 hours a day, 7 days a week.

Life Happens Loan

Need money to cover the unexpected? Life happens—your pet gets sick and needs emergency surgery, you need a root canal ASAP {ouch}, a family member passes away unexpectedly and you need money to cover the funeral arrangements—and quick. The list goes on. Emergencies happen. Life happens—and it’s usually at the worst times.

We understand that life can be messy—don’t stress. Extra Credit Union has your back! Apply for our Life Happens Loan and get the money you need—and quick!

• Apply online: There is no obligation.
• Apply in person: Sit down and chat with one of our friendly and knowledgeable lenders.
• Apply by phone: Call (586) 276-3000. We are available 24 hours a day, 7 days a week.

Debt Crusher Program
Are you heavily burdened and drowning in bills and outstanding debt from credit cards, medical expenses, store credit cards, utility payments, or other outstanding debt? Extra Credit Union can help you become virtually stress free through debt consolidation.

Break the cycle of payday lenders, bill collectors, late fees, and overdraft fees when you consolidate your debts into one loan. Rather than multiple payments to many different creditors, make just one payment with one interest rate on one day {or more if you choose bi-weekly or other payment options} each month.

You’ll also save money by paying off high-interest debt with a single, affordable loan. Plus, you’ll receive reasonable terms to pay off your bills with no hidden fees or charges.

Take the first step in making life more bearable today.

• Apply online: There is no obligation.
• Apply in person: Sit down and chat with one of our friendly and knowledgeable lenders.
• Apply by phone: Call (586) 276-3000. We are available 24 hours a day, 7 days a week.

Check out our loan FAQs for more information.

Savings Secured Loans
Need to establish credit? Want to avoid penalties for withdrawing certificate funds before their maturity date? Use your savings or certificate of deposit {CD} funds to secure the loan and build credit through:

• Borrowing against your savings or certificate account without depleting the balance
• Making your loan payments

Plus, your savings still earns dividends. Get started with this convenient way to use your own savings to your advantage.

• Apply online: There is no obligation.
• Apply in person: Sit down and chat with one of our friendly and knowledgeable lenders.
• Apply by phone: Call (586) 276-3000. We are available 24 hours a day, 7 days a week.

Youth Loan
A Youth Loan enables young people, ages 13-19, to learn the responsibilities of handling money while building good credit for when they reach adulthood. Youth Loans are used to pay for items such as prom expenses, senior portraits, school trips, athletic expenses, and more.

The process is simple.

Apply online or at Extra Credit Union's Main Office. Your application will be reviewed and a credit union representative will contact you to get more information, which may include:

• Proof of income {a pay stub or letter} of your source of income {an allowance or taxable income}
• A high school transcript or report card
• A character reference from someone you know {a supervisor, teacher, school counselor}. School attendance and grades will be taken into consideration
• Other information that your credit union representative requests

Need more info to get started?

Call Ashley Fordyce, our Schools and Community Relations Coordinator at (586) 276-3150.

To download a copy of our Youth Loan Application you’ll need Adobe® Reader® software. Click here for a free download.

Check out our loan FAQs for more information.