Loans
Let’s face it—things happen! From car repairs and home improvements to college tuition, vacations, and debt consolidation, here at SMSE we have a loan tailored to fit your needs. With competitive low rates and flexible options, you can get the support you need to handle life’s expenses, big or small. Apply today and take control of your finances.
- Personal Loan
- Fast Cash (Loan Origination Fee $30)
Only one Fast Cash Loan can be open at a time. Other rules and restrictions apply. For the most up-to-date information, please contact Southeast Michigan State Employees Federal Credit Union.
- Share Secured
Use your own funds to secure a loan by placing them on hold in your share savings account. The funds remain locked until the loan is paid in full, helping you stay on track. It’s a simple, effective way to save money while building, or rebuilding your credit. Get started today with as little as $300.
- Revolving Line of Credit: A Revolving Line of Credit gives you access to funds—up to a set limit—so you can borrow, repay, and borrow again as needed.
- Credit Growth Loan
The Credit Growth Loan is intended to assist members in establishing, or improving their credit. This Loan will help you save money and rebuild your credit score with on-time payments.
The Credit Growth Loan is intended to assist members in establishing, or improving their credit. Loan proceeds will be deposited into your savings account and held as collateral until the loan is paid in full. Consistent, on-time payments will support positive credit history development. In addition, you will accumulate savings over the duration of the loan.
Loan Details:
Loan amounts: $1,000 to $3,000
Loan term: 12 months per $1,000 borrowed
Low fixed 7.99% APR*
Proof of Income is required
