Personal Loans

Features:

• Low, fixed rate
• Borrow between $500 and $20,000 total for all personal loans
• Various terms available
• Make your monthly payments by check, payroll deduction, or automatic withdrawal
• Optional Credit Life Insurance up to $40,000 for qualifying loans
• Co-Applicant/Guarantor option is available

*Please click here for additional information and disclosures.

Benefits:

• Can be used for just about any purpose - debt consolidation, paying for college, taking a vacation, etc.
• No collateral needed
• Convenient payment options
• Smart Money Rewards members receive a 0.25% Annual Percentage Rate discount
• No processing or service fees
• No pre-payment penalty
• Consolidate and save when you refinance your current loan located at another financial institution

Computer Loan - A type of personal loan that enables you to purchase the laptop or PC of your dreams.

Tuition Assistance Loan - If you're an MIT employee, you may qualify for this type of personal loan. Helps you pay for Institute-approved courses. Lump sum repayment within twelve months.**

**Please click here for additional information and disclosures.

Apply Today!

Please complete our easy online application. We also offer a printable application if you'd prefer this method. Documentation - Please send us a copy of a recent pay stub, W2, or income tax return for income verification purposes. If you're applying for a Computer Loan, we also require the computer's purchase invoice and check payable information. If you're applying for a Tuition Assistance Loan, please send a copy of an approved MIT benefits form as well.