PERSONAL LOANS
At Oregon State Credit Union
Get the funds you need or consolidate debt and enjoy flexible terms and rates as low as 12.49% APR.
FUNDING FOR LIFE’S BIG (AND LITTLE) MOMENTS
KEY BENEFITS
Predictable payments
Low Rates
Low fees
Flexible terms
Why choose an OSCU Personal Loan?
A Personal Loan from OSCU gives you affordable, flexible borrowing that’s designed to help with everything from big purchases to consolidating and paying off debt. Get the funding you need with rates as low as 12.49% APR.
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- Fixed rates as low as 12.49% APR*
- Discounts for automatic payment transfers
- Extra rate discounts for Member Merits
- No application fees or prepayment penalties
*Featured APR includes rate reductions for member merits and automatic monthly payments.
Flexible borrowing
- Borrow $250–$75,000 (based on credit qualifications)
- Terms up to 60 months to fit your budget
- Use your funds for any purpose
Steady & simple
- Fixed rates and predictable monthly payments
- Peace of mind knowing exactly what you owe each month
Why choose a personal loan?
It’s flexible, based on credit history of the borrower, unlike a collateral secured option, such as a car or home loan. It can be a good alternative to other types of loans such as Payday or high-interest credit cards.
Personal Loan details: your loan, explained
| Loan type | APR (Low)* | APR (High) | Repayment terms |
|---|---|---|---|
| Personal Loan | 12.49% | 19.99% | Up to 36 months |
| Personal Loan | 16.74% | 20.24% | 37-60 months |
| Payday Advance | 27.00% | 27.00% | Up to 30 Days |
* APR (Low) indicates the lowest annual percentage rate you may qualify for on the loan. The annual percentage rates shown in the table are reflective of a range of rates available. All loans are subject to approval. You may qualify for the lowest rates published depending upon your credit qualification, the amount financed, receiving a 0.25% APR reduction by maintaining an automatic loan payment each month and 0.25% APR reduction for qualifying for the Premier Member Merits category. The Member Merits rate discounts are subject to change. | |||
Personal Loan rates
Personal Loan
Personal Loan
Payday Advance
* APR (Low) indicates the lowest annual percentage rate you may qualify for on the loan. The annual percentage rates shown in the table are reflective of a range of rates available. All loans are subject to approval. You may qualify for the lowest rates published depending upon your credit qualification, the amount financed, receiving a 0.25% APR reduction by maintaining an automatic loan payment each month and 0.25% APR reduction for qualifying for the Premier Member Merits category. The Member Merits rate discounts are subject to change.
Savings-secured loans:
- The APR is set at 3% above the secured savings account’s earning rate. There is a minimum periodic rate of .013699% which equals an Annual Percentage Rate of 5.0%. The credit union may offer other rates in the future. We may be able to match rates from other lenders. All loans are subject to approval.
Certificate Share-secured loans:
- The APR is set at 3% above the certificate’s earning rate. Advances secured by credit union certificates are made at a rate based upon the earning rate of the certificate. The Periodic Rate and the Annual Percentage Rate are set at the time of the advance that is the earning rate on the pledged certificate, plus 3%. For example, if you pledge an account earning 5.00% your Periodic Rate would be .021918% and your Annual Percentage Rate would be 8.00%. The actual rate will be disclosed on the Disbursement Receipt at the time of the advance.
The following examples illustrate the expected monthly loan payments for members who qualify for the prime rate, premier member merit status and enroll in automatic monthly payments:
- A $5,000 Personal (Signature) Loan with 12.49% APR for 36 months has a monthly payment of $167.29 and a total of $1,020.79 interest paid.
- A $5,000 Personal (Signature) Loan with 16.74% APR for 60 months has a monthly payment of $123.62 and a total of $2,413.90 interest paid.
If you delete your automatic payment request or the credit union terminates your automatic payment request due to insufficient available funds, this interest rate may be increased by one-quarter of one percent (0.25%) for the remaining term of the loan. This rate change will be reflected on your credit union statement.
A personal loan from OSCU is an unsecured loan with a fixed interest rate and predictable monthly payments over a set term. Your rate is locked in when you close, so your payment stays the same each month — no surprises. And with no prepayment penalties, you can pay it off faster whenever you’re ready.
Will consolidating my debt into a new loan be beneficial?
Use this debt consolidation loan calculator* to give you an idea of where you stand.
- Enter your information, including the consolidation loan rate you’re considering and the loan(s) you want to consolidate.
- Calculate your results, consider your options. Revise your information if desired.
- Email your results to yourself for your records.
- When you’re ready, apply for your preferred type of debt consolidation loan or call us at 541-714-4000 to talk about your loan options. We’re here to help!
*Interactive calculators are made available as self-help tools for your independent use and are not intended to provide financial advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance matters.