Personal Loans

Get the money you need when you need it. At Cencap, we offer options to help you. Whether you need to make a large purchase, consolidate debt or just need to get away and take a vacation.

PERSONAL LOAN and DEBT CONSOLIDATION LOAN

  • Up to 72 month terms
  • Maximum amount that can be borrowed: $15,000
  • Fixed Rate

NOTE: For Debt Consolidation Loans, all bills to be paid must be submitted to the credit union for verification of debt. Debts can include bills such as credit card bills, loans, medical bills and utility bills.

Qualify for an additional .50% off your Debt Consolidation Loan rate by signing up for automatic deduction from a share draft checking account.

A member’s aggregate amount of unsecured loans, including Visa limit may not exceed $15,000.

SHARE PLEDGE

Share Pledge is a loan with a Share Account or Share Certificate held as collateral, the amount borrowed is held in reserve as collateral.

  • Up to 120 month terms
  • Rates are 3% over the prevailing dividend rate of the account being held as collateral

HOLIDAY LOAN

  • Special fixed rate from 10/1 – 12/31
  • Up to 12 month terms
  • Maximum amount that can be borrowed- $2,500

Qualify for an additional .50% off your Holiday Loan rate by signing up for automatic deduction from a share draft checking account.

VACATION LOAN

  • Special fixed rate from 4/1 – 8/31
  • Up to 12 month terms
  • Maximum amount that can be borrowed: $2,500

Qualify for an additional .50% off your Vacation Loan rate by signing up for automatic deduction from a share draft checking account.

Get started today!

OPTIONAL LOAN PROTECTION

Cencap Federal Credit Union offers additional and optional insurance plans. Credit Life and Credit Disability Insurance provides loan payments on the member’s behalf in the event of death or disability. The premiums are based on a percentage of the monthly loan balance. These insurance plans are available on all types of consumer loans.

Apply for a Loan