Skip to content

Short Term Emergency Loans

If you are in need of a Short Term Emergency Loan, we are here to help!

Promotional offer of 2.49% APR* to existing members.
We have 12, 18, and 24 month terms available. 

To qualify for a Short Term Emergency Loan you must:

    • Have 6 months of membership with Freedom Credit Union, with an account in good standing.
    • Minimum 6 months of employment with current employer.
    • Qualifying Amount - 60% of monthly income, up to a maximum of $2,500.
    • Up to a maximum of two loans
    • Loans must meet credit criteria for approval. Credit Reports will be pulled as part of the process.
 
*Annual Percentage Rate (APR) will not be less than or greater than 2.49%. Maximum term is 24 months.  Final approval is subject to complete underwriting criteria which includes review of applicant’s credit report.  A minimum credit score of 580 is required in order to qualify for this loan.  Applicant must also be able to provide proof of employment of a least six (6) months with current employer.  Promotion is for existing members who have been a member with Freedom Credit Union for a minimum of six (6) months.  Member account must be in good standing (no delinquent loans, no negative share balances), in addition to the above requirements, to qualify for this promotion.  The maximum amount of this loan is $2,500.  The maximum unsecured debt per Member is $30,000. Payment Example:  Monthly payments for a $2,500 personal loan at 2.49% APR for a term of 24 months would result in 24 monthly payments of $106.89. Advertised rates and terms are subject to change without notice. Loan proceeds may not be used to refinance any existing loan with Freedom Credit Union. Offer available for a limited time and is subject to change without notice.