Multi-purpose money
Personal loans and lines of credit can help you get what you need.
A new deck, a new tablet, a year’s supply of ramen for your student (or yourself) - there are times when you’re a little short on funds for what you need. That’s where a personal loan or line of credit can come in handy.
Royal’s Personal Line of Credit*
- No collateral needed
- Withdraw as you go, as you need to
- Easy access – use our online services, CompuTeller, or an in-person teller
- Open it up for $5,000 or more
Royal’s Personal Loan
- No collateral needed
- Fixed amount, one-time loan
- Terms to suit your needs
Savings- or Certificate-Secured Personal Loan
- Borrow against your Royal Credit Union savings account or certificate
- Terms to suit your needs
Equity Vehicle Loan
- Use your vehicle’s equity as collateral
- Borrow at a lower rate, based on your vehicle’s model year
- Terms to suit your needs
The Fine Print
* Royal Credit Union's Personal Line of Credit is available to well-qualified borrowers. Variable rate is adjusted monthly based on Prime. Minimum $5,000 borrowed; no minimum draw amount. Annual Percentage Rate (APR) is Prime plus a margin, with margin beginning at 4.25%.
