Personal Loans Options | Freedom Credit Union
Personal Loans in Philadelphia, PA
Get the funds you need when you need them with our flexible personal loans. Enjoy low fixed rates, no hidden fees, and repayment terms tailored to your lifestyle.
Not a member? Join now and experience the Freedom CU difference!
4 Great Reasons to Apply Today
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Low Fixed Rates
Enjoy competitive rates that keep your monthly payments affordable.
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No Monthly Fees
Take advantage of zero monthly or prepayment fees with no hidden surprises.
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Flexible Terms
Choose flexible repayment terms that range from 6 months to 6 years.
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Quick Approval
Get funds fast with our streamlined application and rapid decision process.
Deposit Secured Loan
Get the money you need without dipping into your savings account. See how this flexible option can help you borrow up to $225,000.
Personal Line of Credit
Apply for a credit line of up to $30,000. Borrow as much or as little as you need and only pay interest on what you withdraw.
Additional Features of Freedom Credit Union Personal Loans
Apply Online
Submit your free online application from the comfort of your home or office.
Flexible Spending
Use the funds freely for weddings, vacations, medical bills, and more!
Personalized Rates
We tailor your rate to your credit history and score to give you the best possible deal.
Lump Sum Payment
Apply for up to $225,000 and receive the full amount upon approval.
No Collateral Required
Qualify for your loan without putting up any personal assets as collateral.
Customized Terms
Choose from flexible repayment terms that range from six months to six years.
Apply for a Loan in 3 Easy Steps!
Provide Your Info
Complete the form with your personal details and submit.
Receive Funds!
We’ll immediately deposit the money into your account after approval.
Why Choose Freedom CU?
Joining Freedom Credit Union makes you a part-owner of our not-for-profit organization. You become a member of a community dedicated to your financial empowerment.
We’re committed to the financial success of our members. Highly competitive rates and personalized service help you save more, borrow smarter, and achieve your goals faster.
Our wide range of personal and business loans allows you to get the funds you need at the best possible rate and with the best terms. We strive to make your financial success our top priority
Click the button below to start your online membership application.
“I’m 62 and have been a life long member. My parents and grandparents were members as well. I’ve always had great customer service, proactive fraud detection, and great loan service and support! Also love the App ! Thanks so much!”
– Jeff M., Philadelphia
Take Advantage of Our Low Personal Loan Rates
| Loan Type | APR* |
|---|---|
| Share Secured Loan | 7.00% |
| Personal Loan | Fixed & as low as 4.99%** |
| Term Share Certificate Secured Loan | 7.00%*** |
| Overdraft/Line of Credit | Variable & as low as 14.40%**** |
| Disclosure |
**Annual Percentage Rate (APR) will not be less than 4.99% or greater than 17.99%. Maximum term is 72 months. The interest rate that you receive and the amount you may borrow will be based on your credit history and will be subject to approval. The maximum unsecured debt per member is $30,000. Payment example: Monthly payments for a $10,000 personal loan at 5.25% APR for a term of 60 months would result in 60 monthly payments of $190.26. Loan proceeds may not be used to refinance any existing loan with Freedom Credit Union. Rates and terms are subject to change without notice. Credit Union membership is required, eligibility requirements apply.
***The greater of 7% APR or 2% above the Term Share Certificate rate.
****Rates and terms are subject to change and may vary based on creditworthiness and qualifications. All loans subject to approval. Maximum rate is 17.90% APR.
Credit Union Personal Loan FAQs
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Your credit score plays a key role in determining your eligibility. We also consider your income and employment history. A stable financial situation improves your chances of approval.
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You can use a personal loan to consolidate high-interest debt, pay for major purchases, and cover unexpected expenses. The possibilities are near endless. However, we do recommend borrowing only what you need and can comfortably repay.
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Freedom loans offer competitive interest rates to help you save money. We provide flexible repayment terms to fit your budget. Our friendly staff is always ready to guide you through the borrowing process.
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The maximum loan amount varies based on your financial situation. We consider your debt-to-income ratio when determining how much you can borrow. Our team will work with you to find a suitable loan amount that meets your needs without overextending your finances.
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Take time to review your financial goals and current situation. Explore debt consolidation as a potential strategy if you’re dealing with multiple debts. Consider how a loan might impact your monthly budget and long-term financial health.
More Account Options
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Mortgage Loans
Unlock the door to your dream home with our easy mortgage plans. Enjoy low rates and friendly local service.
