Personal Loans & Lines of Credit

Affordable financing for your plans

Whether you want to consolidate debt, pay for education expenses or fund an important life event like a wedding or new baby, our loans and lines provide the cash you need.

  Personal Loans Lines of Credit Debt Consolidation Loans1 Secured Loans
Amount You Can Borrow $500 to $25,000 $1,000 to $25,000 $500 to $50,000

Borrow against the money you have on deposit, while it earns dividends 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. Available as loans only (no credit lines) with pre-determined monthly payments based on the interest rate, loan amount and repayment term.

1Loan must be used for debt consolidation. In some cases, KeyPoint may require to pay off your debt directly with no cash to you. This is dependent on your debt-to-income ratio and credit experience. 

Results from the Check My Rate service are not offers of credit. Not available for Secured Loans or Debt Consolidation Loans exceeding $25,000. All loan applications are subject to review and credit approval. Terms offered to approved applicants may vary from those provided by the Check My Rate service depending on credit product selected and other factors.

What you need to apply:

  • Personal Loans, Lines of Credit, and Debt Consolidation Loans
    • Valid government issued photo ID
    • Most current paystub or tax return (if requested)
    • Social Security Number
  • Secured Loans
    • Valid government issued photo ID
    • Existing KeyPoint Savings or Certificate account
    • Most current paystub or tax return (if requested)
    • Social Security Number
  • 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

Rates

Personal Loans, Lines of Credit, & Debt Consolidation Loans
Rates Effective: 6/7/2024
Loan Type Loan Term APR Monthly Payment (for each $1,000 borrowed at the maximum term)
Personal Loan ($500-$25,000) 12-72 months 9.99% - 24.00% $18.52 - $26.33
Personal Line of Credit ($1,000-$25,000) N/A 13.45% - 24.00%* $25.00 or 2%**
Debt Consolidation Loan ($500 - $50,000) 12-72 months 9.99% - 24.00% $18.52 – 26.33

*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.
The final loan rate cannot be less than the FLOOR RATE of 7.20%.

Rates accurate as of 6/7/2024 and subject to change.

Certificate-Secured Loans
Rates Effective: 6/7/2024
Title APR Amount Financed Term
*Certificate-Secured Loan Certif. Rate +2% N/A Certificate Maturity

Rates accurate as of 6/7/2024 and subject to change.

Share Account Secured Loan
Rates Effective: 6/7/2024
Title APR Amount Financed Term
Share Account Secured Loan 2.49% $2,500 12 to 60 months
2.99% $2,500 72 months

Payment Example:
Pay $15.19 per month per $1,000 borrowed at 2.99% APR for 72 months

Rates accurate as of 6/7/2024 and subject to change.

Stock Secured Loan
Rates Effective: 6/7/2024
Title APR Amount Financed Term
Stock Secured Loan 10.9% Max LTV 50% of current value 12 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 6/7/2024 and subject to change.

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.