Personal Loans & Lines of Credit

Whether you want to consolidate debt, pay for education expenses or fund an important life event like a wedding or new baby, a personal loan or line of credit can provide the cash you need. KeyPoint offers loans and lines up to $25,000 with competitive low rates and terms.

  Personal Loans Lines of Credit Secured loans
Amount You Can Borrow $500 to $25,000 $1,500 to $25,000

Borrow on the money you have on deposit, while it earns interest for you. Use any of the following as collateral:

Certificate Account
Savings Account
Personal Stocks

Minimum Monthly Payment Pre-determined monthly payments are based on the final loan amount, rate and term. $25.00 or 2% of the outstanding balance only when you use your Personal Line of Credit.

Pre-determined monthly payments are based on the final loan amount, rate and term.

 

Personal Loans & Lines of Credit
Rates Effective: 11/19/19
Loan Type Loan Term APR Monthly Payment
Personal Loan ($500-$25,000) 12-72 months 9.95%-19.95% $18.50-$23.92 (for each $1,000 borrowed at the maximum term)
Personal Line of Credit ($1,500-$25,000) N/A 9.95%-19.95%* $25.00 or 2%**

*Rate is variable, based on Prime Rate as published in The Wall Street Journal Money Rates Table (the "Index") plus a margin.

**The minimum monthly payment is the greater of $25.00 or 2% of the outstanding principal balance of the credit line plus accrued interest and other fees and charges billed to the account during the monthly billing period.

Rates accurate as of 11/19/2019 and subject to change. 

Certificate-Secured Loans
Rates Effective: 11/19/19
Title APR Amount Financed Term
*Certificate-Secured Loan Certif. Rate +2% N/A Certificate Maturity

Rates accurate as of 11/19/2019 and subject to change. 

Share Account Secured Loan
Rates Effective: 11/19/19
Title APR Amount Financed Term
Share Account Secured Loan 2.49% $2,500 24 to 60 months
2.99% $2,500 72 months

Rates accurate as of 11/19/2019 and subject to change. 

Stock Secured Loan
Rates Effective: 11/19/19
Title APR Amount Financed Term
Stock Secured Loan 10.9% Max LTV 50% of current value 24 to 60 months

Payment Examples:
Pay $42.76 per month per $1,000 borrowed at 2.49% APR for 24 months
Pay $35.02 per month per $1,000 borrowed at 15.74% APR for 36 months

Rates accurate as of 11/19/2019 and subject to change. 

  • Personal Loans and Lines of Credit
    • Valid government issued photo ID
    • Most current paystub (if requested)
  • Secured Loans
    • Valid government issued photo ID
    • Existing KeyPoint Savings or Certificate account
    • Most current paystub (if requested)
  • If you're applying for the Starting Point program, you'll need:
    • Most current paystub or signed offer letter
    • Valid government issued photo ID
    • Social Security number
    • Verification of residence
    • Minimum 10% down payment

 

ALL LOANS SUBJECT TO CREDIT APPROVAL. RATE IS BASED ON CREDITWORTHINESS AND OTHER FACTORS, AND MAY BE HIGHER THAN THE RATE SHOWN. RATES AND TERMS SUBJECT TO CHANGE WITHOUT NOTICE.

*Ask a KeyPoint representative for a payment example on the loan type, amount and term you want.