| Holiday Loans
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| Quaker Oats Credit Union offers Christmas loans, Vacation loans and Tax loan specials each year with a much lower interest rate than a personal loan. These holiday loans let you borrow as little as $500 or as much as $2000 and you have up to 12 months to repay them. You may have up to one holiday loan at a time. Each holiday loan is only offered certain months out of the year. For your added convenience, a loan officer will set you up on hassle-free automatic payments. |
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Personal Loans |
| Quaker Oats Credit Union offers personal loans for a variety of purposes. Personal loans are generally secured only by your signature and tend to have slightly higher interest rates. Personal loans allow you to borrow as little as $500 or as much as 10% of your yearly income (not including overtime). Personal loans are for 1 - 3 years. Interest rates are based on the length of the loan and individual credit. |
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| Share Secured Loans |
| Quaker Oats Credit Union offers share secured loans at lower interest rates than personal loans. A share secured loan must be secured by monies in one of your credit union savings accounts or a certificate of deposit. The secured monies will be available again once the loan is paid off. The term of the loan is based on the dollar amount of the loan. |
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