Personal Loans from Mainstreet Credit Union
The personal loans from Mainstreet Credit Union are a little different from the one that you can access in a bank. This is mainly because the cooperative has a different internal structure comparing with a traditional financial institution.
There are 3 categories of personal loans that a client can apply for at Mainstreet Credit Union.
The Signature loans are a financial product designed to cover all sort of household needs such as: home repairs and redesign, electronics purchase, jewelry, vacation trips and much more. The eligibility to apply for these loans is established based on your credit and your global income.
The signature Line of Credit is a financial product that is offered for all the domestic needs and has the unique advantage of providing a Credit Limit that represents the highest amount of money that you can borrow regarding your Credit Line. This financial product offers the possibility to borrow money anytime again and again As long as the borrowed amount does not exceed the Credit Limit.
The Certificate or Share Secured loan is a financial product that will help you to increase your Credit Line and the money can be used for practically anything you want. The loan can have a repayment period of up to 60 months and the minimal amount to borrow is $500.
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