Manville Area Federal Credit Union
Share Secured Loans
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Share Secured Loans
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What is a shared secured loan?
 
The use of a shared secured loan is the same as a personal loan, but it has lower interest rates.  Why?  Because this loan allows you to borrow against the funds in your Share Account .  These funds on deposit are used as collateral for this loan.  The amount pledged in your share account  is reduced dollar for dollar as the loan balance decreases.
 
Why choose to get a shared secured loan?
          • To establish or rebuild credit
          • To maintain funds on deposit
          • Lower interest rate

Check out these loan rates and apply today!

 

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