Secured Loans
At Coosa Valley Credit Union, you can take advantage of a low-rate secured loan, using funds in your share savings account as collateral to back your loan. Available for members in Rome, Cartersville, Cedartown, Dallas, Canton, Calhoun, Fort Oglethorpe, Rockmart, Woodstock & surrounding areas.
What is a secured loan?
Secured Loans are secured with funds deposited in a savings or savings certificate account. These loans feature the most attractive interest rates, and you will continue to earn dividends on your savings. Along with this type of loan, we also offer a Secured Credit Card. These are for those whose credit score may not be ideal- you secure the loan with deposited funds, after 6months-12months (after you have established better credit) you can apply for a regular Credit Card with a higher limit, and your deposited funds are freed.
Secure Loan Benefits
Application fee:
There's no fee to apply for a secured loan.
How fast is the process?
The application process can be quick along with the decision process.
Who can apply?
To apply, you'll need to be a current member or qualify for membership. Eligibility is open to anyone who lives or works in Rome, Cartersville, Cedartown, Dallas, Canton, Calhoun, Fort Oglethorpe, Rockmart, Woodstock, and nearby communities.
Consider exploring our secured credit card.
Ready to apply?
Whether it's an emergency, planned purchase, or consolidation, we want you to know that getting your secured loan from Coosa Valley Credit Union has never been easier. We make it easy to apply. Contact us or find your nearest branch to get started.
