Personal Loans

Radius Credit Union offers personal loans at competitive rates, they are available as term loans, quick loans, or a line of credit. Personal loans are those which are used for consumer based purchases (vehicles, household goods, holidays, etc.) We strive to provide our members the following:

  • Flexible term lengths
  • Repayment plans that suit you
  • Competitive interest rates (fixed or variable)
  • No prepayment penalty
  • Quick Approval
  • Loan insurance is available

Quick Loans
A Quick Loan is a loan structured to allow the interest and a portion of the principal to be repaid monthly. 

  • The borrower may draw on the funds as required, determined by the borrower.
  • The repaid portion of the principal may be readvanced for future requirements as needed without reapproval. 
  • Funds may be used at the borrowers discretion. 
  • The borrower must notify the Credit Union in advance of requiring funds to allow for timely disbursement of the funds which are to be disbursed by Credit Union staff.

Dealer Finance Loans
A dealer finance loan allows you to apply for your Credit Union auto financing without leaving your dealership. The dealership collects the necessary information and forwards it to the Credit Union, financing is usually approved within 2 hours.