
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?
Check out these loan rates and apply today!