Grow Financial Federal Credit Union
July 11, 2019

Need Extra Cash? Here’s Why a Grow Personal Loan is the Perfect Solution

Getting where you want to go in life takes financing. And, sometimes, life takes an unexpected turn where you suddenly need some extra financing. A Grow personal loan can be just the thing to get you back on track.

Oh, and a personal loan isn’t just for emergencies. You can use the money for any reason. For example, consolidating debt into a single monthly payment. Or for making a big purchase you’ve been putting off and want to pay off in terms that fit your budget.

Personal Loan Advantages

  • Interest rates are usually lower than a cash advance on a credit card.
  • Flexible repayment in monthly installments, similar to an auto loan.
  • Easier application than a Home Equity Loan or Home Equity Line of Credit.

Grow Personal Loans

  • Shared Secured Loans, where you can borrow up to 100% of the funds you have on account with us. Interest rates are variable if you’re borrowing against your Basic Savings Account or a Club Account; and fixed when borrowing against a Certificate Account.
  • Signature Loans for creditworthy members, which are unsecured personal loans in amounts starting at $500 and available at fixed interest rates.
  • Overdraft Protection Loans*, which are unsecured revolving loans where funds are only withdrawn to cover overdrafts. The minimum amount available is $500 with a maximum of $1,000, and funds are automatically transferred to your account in $50 increments.

Easy, Online Application

Grow personal loans offer you affordable financing to help smooth out life’s little rough spots, or if you just want to live a little. All you have to do is decide which loan is right for you, then apply!

Subject to credit approval.

*This is an unsecured, revolving loan that is only available to cover an overdraft and is transferred to a member’s account in increments of $50.


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