Skip nav to main content.
People Driven Credit Union

Loans for Anything and Everything

You dream, we finance!

Apply 100% Online

Apply Now

Everything Loans, where your financial dreams and aspirations find a flexible and tailored solution. Our Everything Loans are designed to empower you to pursue your passions, tackle life’s challenges, and seize opportunities, no matter what they may be. With a variety of personal loan options available, including our Vacation Loan, Pet Loan, Life Situational Loan, Wellness Loan, Relocation Loan, and Self-Improvement Loan, we provide the funding you need to make your dreams a reality. Whether planning your next adventure, caring for a beloved pet, navigating life’s transitions, or investing in your well-being and personal growth, our Everything Loans offer competitive rates, flexible terms, and convenient features to suit your needs. Explore our range of personal loans today and take the first step towards achieving your goals with People Driven Credit Union.

We have a loan for that!

The best things in life are free; we’re here for the other stuff.

People need money for home repairs, honeymoons, holiday gifts, travel, tuition, furnaces and furniture, doctor bills, or debt consolidation. Whatever the financial needs of your Michigan family, People Driven Credit Union has a low-cost personal loan that can make your life easy. Apply for your Everything Loan.

Frequently Asked Questions

Life Situational Loans are available for amounts up to $15,000, based on creditworthiness and eligibility.

Terms are available up to 72 months, depending on the amount financed and approval.

These loans may be used for eligible expenses tied to major life events, including wedding-related costs and funeral or memorial expenses.

AutoPay is a convenient service that automatically withdraws your loan payment each month from your People Driven Credit Union checking or savings account. It helps you stay on track, avoid late fees, and may even qualify you for our ¹Special Loan Rate Discount. To enroll in AutoPay, please call us at 248-263-4100 and a representative will assist you with setup.
Our ¹Special Loan Rate Discount offers a 0.25% APR reduction when you set up automatic payments (AutoPay) for your loan from a People Driven Credit Union checking or savings account. This discount is already included in the “as low as” rate advertised. To enroll in AutoPay and receive the discount, please call us at 248-263-4100. A representative will assist you in setting up monthly automatic withdrawals from your PDCU account. Note: The discount is available only for eligible loans with AutoPay set up from a PDCU account. Terms and conditions may apply.
Yes, enrolling in autopay may qualify you for a rate discount, reducing the overall cost of your loan. Check with our team for current promotional details.

A personal loan can impact your credit score in several ways:

  • Positive Impact: Making on-time payments can improve your credit score.
  • Negative Impact: Missing payments or defaulting on the loan can harm your credit score. Additionally, applying for a loan results in a hard inquiry, which may temporarily lower your score.

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 expenses
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 rates.
  • 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 and may be higher than secured loans.
A credit line allows you to borrow in increments, repay it and borrow again as long as the line remains open. Typically, you will be required to pay interest on borrowed balance while the line is open for borrowing, which makes it different from a conventional loan, which is repaid in fixed installments.  A line of credit will have a set limit in which you will be approved for and you can borrow based off the limit.
You may give us a call at 248-263-4100 to speak with the loan department.
PDCU has partnered with GreenPath Financial Wellness to help our members get back on track with their finances and credit. Please call GreenPath at 877-337-3399 and let them know you’re a PDCU member and would like to make an appointment with a rep!
Yes! All eligible loans can be skipped once per calendar year for a fee of $35. To learn more about how it works, visit our Skip-a-Payment page. Please note that Fresh Start Auto Loans, Lines of Credit, Mortgages, Commercial Loans, and Credit Cards are excluded.
  1. 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.
  2. To make a payment with a debit/credit card, call (248) 263-4100.
  3. Set up an auto-transfer from your People Driven account or attach an auto payment to your direct deposit that comes into your account. Give us a call at (248) 263-4100 or stop by any of our five branches.
  4. Have us set up an auto-payment from your other financial institution. Please call us at (248) 263-4100, and we can send you the proper form, or you may stop by any of our five branches.
  5. You may also mail in a check payable to People Driven Credit Union, 24333 Lahser Rd, Southfield, MI 48033

 

 

 

The money you need, when you need it

Apply & Close 100% Online

Apply Now
Disclosures

*APR = Annual Percentage Rate: The actual APR and loan term is subject to approval and may be determined upon the borrower’s creditworthiness, the amount borrowed, and the type, value, age, and condition of the collateral offered to secure the loan (when applicable). Rates are effective as of today and are subject to change.

10.54%

Special Loan Rate Discount: Benefit from a 0.25% reduction when enrolling in our AutoPay service, which is included in the “as low as” rate advertised. The discount is available to those with Direct Deposit of payroll, social security, or retirement and AutoPay setup from a People Driven Credit Union checking or savings account.

E H L. People Driven Credit Union is an Equal Housing Opportunity Lender NMLS #776727
All other trademarks are the property of their respective owners.

Membership Requirement

All accounts and loans require membership at People Driven Credit Union. Membership is available to individuals who live, work, worship, or attend school in the State of Michigan, as well as relatives of current members. To complete an application for any account or loan, you will need the following information:
  • A valid Driver's License, State ID, or Passport with your current address
  • Your Social Security Number
A Membership Share Savings Account is required to establish membership at People Driven Credit Union. A $5 deposit secures your ownership share in the credit union and unlocks access to our full suite of products and services. This account earns 0.01% APY with a $5 minimum deposit.