PERSONAL LOANSAfford peace of mind.Cover expenses with a versatile, affordable Personal Loan from Connexus. Apply now View ratesHave questions? Book an appointment Call 800.845.5025Lowest available Personal Loan ratesPersonal Loan and Line of Credit RatesTypeAPR1 As Low AsMonthly PaymentSecured6.99%2$164.86Personal Line of Credit (FlexPlus)12.99%3$200.00Personal Line of Credit (Flex)14.99%4$200.00Savings Secured Loan4.25%5$217.68Accurate as of 12/11/2023 Unsecured Personal Loans Unsecured Personal Loan RatesTermAPR1 As Low AsLoan AmountMonthly Payment24 Months9.99%$10,000$490.9336 Months10.49%$10,000$345.7848 Months10.99%$10,000$274.9560 Months11.74%$10,000$235.2972 Months13.49%$10,000$216.3584 Months13.99%$10,000$199.33Accurate as of 12/11/2023 Calculators Loan payment Loan comparison Credit card payoff Debt-to-incomeSecured and Unsecured Personal Loan rates include a 1% discount when registered for Digital Banking and subscribed to eStatements, and a 1% discount for auto-paying electronically. Only the most creditworthy applicants qualify for the lowest rates and longest loan terms. Personal Lines of Credit and Savings Secured Loans are excluded from rate discounts. Save $115 By Choosing Connexus* Source: Datatrac. Rates as of December 10, 2023 Our Rates As Low As 10.490% APR for Unsecured – 36 Mo National Average 10.939% APR for Unsecured – 36 Mo Big Savings You Can Save $115 Over the Life of Your Loan Apply now View reportWhy use a Personal Loan? Versatile, budget-friendly fundsCover virtually any upcoming or unexpected expenses including home repairs, medical expenses, weddings, vacations, and more. Or, consolidate high-interest credit card debt into one manageable monthly payment. Fixed, low rates & affordable paymentsWith rates as low as 9.99% APR1, Personal Loans offer considerable interest savings over credit cards. Plus, you’ll get a fixed monthly payment that works for your budget. Rate and term options that work for youWith rates ranging from 9.99% APR to 18.49% APR1, terms as long as 84 months, and amounts up to $50,000, you can find the rate, term, and amount that meets your specific needs. Easy application & fast fundingApply online or by phone in a few simple steps. If approved, we’ll issue you the funds you need – fast. Apply now From Our Members “With a sudden expense occurring and having to use a credit card with high interest, coming to Connexus was the logical next step for a personal loan with a lower interest rate. I’ve had loans with Connexus over the years and have ALWAYS had a great experience. Thank you.” Brenda PennsylvaniaBenefits of credit card consolidationReady to ditch that credit card debt? Use a Personal Loan to consolidate.With such a difference between Personal Loan rates and credit card rates, consolidating could save you thousands. In fact, the lowest available APR for a Connexus Personal Loan is 9.99%1, while the national average credit card APR is 16.98%6.Learn more about Personal LoansRelated blog posts Struggling to Pay Down That Credit Card? Consolidate With a Personal Loan Revolving credit card debt is costly. Learn how a Connexus Personal Loan can help you save big on interest costs and pay down debt faster. WalletHub Names Connexus to List of 2022 Best Credit Unions for Personal Loans Following a competitive evaluation of financial institutions across the country, Connexus Credit Union was named one of 2022’s Best Credit Unions for Personal Loans by WalletHub. See why we made the list.Personal Lines of CreditA personal line of credit is a great solution if you have unexpected expenses. Our Flex and FlexPlus Lines of Credit are treated as a loan, so you only pay interest on the funds you actually borrow.FeaturesMultiple interest rate adjustment options — Flex Line of Credit adjusts monthly. FlexPlus Line of Credit adjusts quarterly.Flexible Line Amounts — Flex Line of Credit amounts range from $3,000 to $15,000. FlexPlus Line of Credit amounts range from $5,000 to $25,000.Low payments — Minimum payments are 2% of the balance3,4.No collateral required — You can feel safe about your borrowing.No annual fees — Fewer fees mean more money in your pocket.Biweekly payment option available — Two biweekly payments equal one monthly payment. Apply now Available loan featuresDebt ProtectionWe offer life, disability, and involuntary unemployment coverage. See more information. Start a claim now FAQs: You Asked. We Answered. a What will my rate be? Personal loan rates range from 9.99% APR to 18.49% APR. Your rate is determined by many factors, including application information, credit history, and selected loan term and amount. a Can I pay off my loan quicker than the payment schedule? Of course! There’s no prepayment penalty for paying off your loan early. Doing so will actually help you save on interest over the long run. a What is the difference between a Personal Loan and a Personal Line of Credit? A Personal Loan has a set number of payments called the loan term (for example, 48 months). After you have made all 48 payments your loan is paid off and closed. A Personal Line of Credit has a minimum monthly payment, but no set term. You can advance your loan funds, pay it off, and repeat. It gives payment flexibility by allowing you to make the minimum payment or more, up to the full balance. The line stays open until you request it be closed. a What information do I need in order to complete my application? To complete your application, you will need to provide:Desired loan amount and termPersonal information (name, address, DOB, SSN)Contact information (phone, email)Financial information (monthly income & mortgage/rent)You can apply online, over the phone, or at any branch location. a Can I protect myself with Life, Disability, and Unemployment coverages on my loan? Yes, debt protection is available for all Personal Loans and Lines of Credit. See more info about our coverages or start a claim now. Disclosures See our Fee Schedule for a list of fees you may encounter. * Calculated based on the difference between the amount paid in interest between Connexus Credit Union’s rate at 10.490% APR compared to 10.939% APR for the National market average over the life of a $15,000 unsecured loan over 36 months. Accurate as of: 12/10/2023. Source: Datatrac 1APR=Annual Percentage Rate. Unsecured rates range from 9.99% APR to 18.49% APR and are effective as of 12/11/2023. Rates are subject to change. Minimum loan amount is $1,000. Maximum loan amount is $50,000. Individual rates and terms may vary based on application information, credit history, and selected loan term and amount and include all eligible discounts. Only the most creditworthy applicants qualify for the lowest rates and longest loan terms. Certain restrictions may apply. Not valid on tuition expenses and interest is not tax deductible. Loans currently financed with Connexus Credit Union are not eligible. 2Loan amount minimum is $1,000; loan amount maximum is $50,000. Payment of $164.86 is based on a loan amount of $5,000 and a 36-month term. 3Rates adjust monthly based on prime plus a margin and applies to the entire outstanding balance. Finance charge begins to accrue on the day the advance is made on the line. Maximum rate is 18.00% APR. Payments are calculated on 2% of the outstanding balance. Payment of $200.00 is based on a loan amount of $10,000. Loan amount minimum is $5,000; loan amount maximum is $25,000. Only the most creditworthy applicants qualify for the lowest rates. Certain fees may apply, please refer to the Fee Schedule for more details. 4Rates adjust quarterly based on prime plus a margin and applies to the entire outstanding balance. Finance charge begins to accrue on the day the advance is made on the line. Maximum rate is 18.00% APR. Payments are calculated on 2% of the outstanding balance. Payment of $200.00 is based on a loan amount of $10,000. Loan amount minimum is $3,000; loan amount maximum is $15,000. Certain fees may apply, please refer to the Fee Schedule for more details. 5Rate is fixed and is based on 4% over the current savings account APY (Annual Percentage Yield). No minimum loan amount; maximum loan amount of $100,000. Payment of $217.68 is based on $5,000 borrowed for 24 months. Balance must be in a Member Share Savings or Share Certificate (Regular, Jumbo, or Bump-Up) to be eligible for the Savings or Share Secured Loan. 6National average credit card interest rate is 16.78% APR. Source: Dilworth, K. (2022, June 15). CreditCards.com.