Looking for a simple solution to help you afford just about anything life hands you? Whether you're looking to finance a wedding, consolidate high interest debts, take a dream vacation, or an emergency trip to the vet - a personal loan or line of credit can make financing those moments more affordable. Explore the benefits of a personal loan or line of credit from First Alliance Credit Union using the menus below.
Personal loans, also known as a signature loans, are one of the most versatile loans you can get. You can use the money for anything from funding your wedding or vacation to consolidating your debts, and more. Personal loans are a convenient financing option and provide the following features:
Plus, personal loans can be used to finance just about anything, here are just a few ideas!
Use the red "Apply Now" button above to start your online personal loan application today!
Effective January 1, 2021.
*APR = Annual Percentage Rate. Rates are quoted "as low as" and are subject to an evaluation of your credit. Rate may vary from rates shown. Rates subject to change without notice.
Our No Hassle Loan is a convenient option to get the cash you need when you need it -quickly. Use the $1,000 in funds to pay bills, finance a large purchase, pay an unexpected expense, and more. Use the button below to request your No Hassle Loan today.
Check out these great features:
*Disclosure: Must have at least one year as a member of First Alliance Credit Union, at least one year at your current job, and a six-month history of direct deposit with the credit union. All other existing loans must be in good standing before a No Hassle Loan will be provided. Proof of employment maybe required. $50 convenience fee will be applied. No Hassle Loan Payment Example: $1,000 loan at 8.25% interest rate + $50 convenience charge = 17.56% Annual Percentage Rate (APR) for a monthly payment of $92.00.
For more information contact us at 507-288-0330 or hello@firstalliancecu.com.
If you have no credit history or have damaged credit then a credit builder loan could help you establish a positive credit history quickly, while saving money and avoiding debt.
How a credit builder loan works:
A credit builder loan isn't a loan in the traditional sense. When you apply, we will place the loan balance you choose into a Certificate of Deposit (CD). You'll make fixed payments toward the savings secured loan over several months, and when the loan term is up, we will release the total CD balance to you. That means you're building credit and saving money at the same time.
First Alliance Credit Builder Loan Details:
For more information about our credit builder loans we encourage you to contact us.
We know you and your family may be feeling stressed, emotionally and financially due to the impacts of the pandemic. That's why we are now offering financial relief loans to help to members affected financially by the pandemic and a little boost and relieve some stress.
This special loan offers:
We have a variety of options for loan amounts, rates and terms to help you make the decisions that's right for you and your budget until you can get back on track:
| Loan Amount | Term | Estimated Payment |
| $5,000 | 3 years | $152.00 |
| $4,000 | 3 years | $122.00 |
| $3,000 | 3 years | $91.00 |
| Loan Amount | Term | Estimated Payment |
| $4,000 | 2 years | $177.00 |
| $3,000 | 2 years | $133.00 |
| $2,000 | 2 years | $89.00 |
| Loan Amount | Term | Estimated Payment |
| $4,000 | 1 year | $345.00 |
| $3,000 | 1 year | $259.00 |
| $2,000 | 1 year | $173.00 |
Apply for this special loan for pandemic economic relief using the "Apply Now" button above and selecting "personal loans" or by calling us at 507-288-0330.
No judgment. Just answers and guidance. We are here to help.
*APR = Annual Percentage Rate. Credit check required. No minimum loan amount, max loan amount $5,000. Terms up to 36 months. First payment is due 90 days after the loan funds have dispersed. Payments include payment protection with hospitalization and loss of life.
A personal line of credit lets you be ready for both unexpected expenses and life's amazing moments. A First Alliance Personal Line of Credit is designed to provide you with easy access financing when you need it most.
Personal lines of credit are helpful for covering larger expenses such as:
Other Important Information:
Effective January 1, 2021
*APR = Annual Percentage Rate. Rates are quoted "as low as" and are subject to an evaluation of your credit. Rate may vary from rates shown. Rates subject to change without notice.
Over drawing your checking account happens. Make sure you’re prepared to cover overdrafts when they happen with a convenient overdraft line of credit!
How It Works:
An overdraft line of credit is attached directly to your checking account. When an overdraft occurs a transfer is made automatically from your overdraft line of credit to your checking account to cover the amount you over drafted. No one will ever know you didn't have enough funds, except for you.
You will then make payments on your line of credit monthly.
For fast cash, you can also transfer funds from your line of credit to your checking or savings account using our online and mobile banking.
Effective January 1, 2021
*APR = Annual Percentage Rate. Rates are quoted "as low as" and are subject to an evaluation of your credit. Rate may vary from rates shown. Rates subject to change without notice.
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