Express Loan helps for those last minute unforeseen expenses and /or emergencies quickly.
- Helps build your credit
- Money deposited directly into your account
- Quick funding
- No credit check
- No prepayment penalty
- Must be a member for at least 180 days
- Only 1 loan at a time per borrower
- .25% discount with auto pay**
- Loan amounts from $200-$2000
With any term up to 12 months with AutoPay**
|Type of Loan||Term||APR*||Payment/$1000|
|Personal Loan + Co-Application/Guarantor Loan||12 Months||8.00%||$86.98|
|Tuition Assistance Loan**||12 Months||7.25%||$86.62|
|Overdraft Protection Line of Credit^||Line of Credit||10.00%||$87.88|
|Fuel Assistance Loan||12 Months||6.50%||$86.29|
|Express Loan||12 Months||18.00%||$91.67|
|Accessibility Lifestyle Loans||12 Months||7.75%||$86.86|
*APR = Annual Percentage Rate. Rate disclosed is based on a highly qualified credit candidate. Rates may vary based on individual creditworthiness. Rates are valid as of 7/21/2023 and are subject to change without notice.
**Automatic loan payments qualifies you for a 0.25% APR reduction, with the exception of the Tuition Assistance Loan. All Personal, Student, Auto, Motorcycle, Trailer, Boat, and RV loans are eligible for an ANNUAL PERCENTAGE RATE reduction of 0.25%.
MIT FCU does not charge for the autopay service.
Discontinuing autopay will result in the loss of promotional 0.25% ANNUAL PERCENTAGE RATE reduction. Any increase in the ANNUAL PERCENTAGE RATE will result in an increase of remaining payments. For example, if Your loan was for $10,000 at 6.4% for 5 years, and the rate increased by 0.25% after 12 months, Your payment would increase by $0.95.
For the life of the loan this offer will never expire. However, the promotion may end at anytime and without notice.Go to main navigation