FAQ Category: Personal Loans CD Secured
What can I use a personal loan for?
Personal loans can be used for a variety of purposes, including: Debt consolidation Home improvements Medical expenses Major purchases (e.g., appliances, electronics) Special events (e.g., weddings, vacations) Emergency...
Continue ReadingCan I get a personal loan with bad credit?
Yes, it is possible to get a personal loan with bad credit, but it may come with higher interest rates and stricter terms. Consider lenders who specialize in bad credit loans, or use a co-signer to improve your chances of approval and secure better...
Continue ReadingWhat is the difference between a secured and an unsecured personal loan?
Secured Personal Loan: Requires collateral (e.g., a car or savings account). Offers lower interest rates due to reduced risk for the lender. Unsecured Personal Loan: Does not require collateral. The interest rate is based on your creditworthiness...
Continue ReadingHow do I check the status of my loan application?
You may give us a call at 248-263-4100 to speak with the loan...
Continue ReadingHow do I make a loan Payment?
To make a payment via online banking with funds already in your account, login to the MyPDCU Online Portal or use the MyPDCU app, and select 'transfers'. Select where you want to transfer from and which loan you would transfer to. To make a...
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