Effective 3/18/20, our branches are closed. Our Tech Square branch is available by appointment for emergency transactions Monday – Friday 10 am – 2 pm. Please call 617-253-2845 for an appointment. Please visit MITFCU.ORG/COVID19 for more information.
MIT Federal Credit Union's Personal Loans provide flexible funding that can be used for almost any purpose. Choose from various terms and secure a low, fixed rate.
Get a personal loan for almost any purpose without using any assets as collateral. It's a convenient option with a low, fixed rate available over various terms.
Borrow money using your MIT Federal Credit Union Savings account or Share Certificate account as collateral, and continue earning dividends on your money.
*Pledging means you may not withdraw the pre-specified amount until your loan is repaid in full. In some cases, the Credit Union may agree to release all or part of the pledged amount before it is fully repaid.
When members cannot qualify for a loan, the Co-Applicant/Guarantor Loan allows another consumer to co-sign for a loan.
Even if you have credit problems, MIT Federal Credit Union can assist you with a Credit Builder Loan that provides needed funds while helping you rebuild your credit.
MIT Federal Credit Union's Personal Loans are structured to save you money while you use the funding to reach important goals.