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Personal Loans for People With Bad Credit

Consolidate debt, finance home improvements, or cover back to school expenses, we can help!

The money you need, when you need it.

Apply Online
  • Overview

    Can you get a Personal Loan with bad credit?

    Depending on your income and credit history, PDCU has the best option to fit your unique needs. Receive your funds deposited directly into a checking or savings account. Rates are based on credit rating.

    Easy Application

    • Fixed monthly payments
    • Low, fixed interest rates
    • Make payments automatically from any account
    • No prepayment penalties

    Monthly Payment

    Loan Amount
    Term Months

    Take Control of Your Finances.

    • Apply online in minutes and get your money in as little as a few days
    • Make fixed monthly payments
    • $30,000 maximum loan amount.

    Apply from anywhere. Get your money fast.

    A personal loan through People Driven Credit Union can help you take control of your finances.

    People Driven Credit Union is a full-service credit union with branches and ATMs that are easily accessible around Metro Detroit and Southeast Michigan.

    The staff is more friendly than any bank. They have a "can do" attitude

    James - Member since 2018
  • Rates


    Unsecured Loan

    Rates Effective as of: 06-14-2024
    Max Term Term Rate (APR)
    Up to 36 months As low as 11.60%
    37 - 60 Months As low as 13.45%
    61 - 72 Months As low as 14.45%
    73 - 84 MonthsAs low as 15.45%

    Other Secured Loans

    Other Secured LoansMax TermRate (APR)
    Share Covered84 Month5.25%
    Credit Builder Loan18 Month13.00%
    CD Secured Loan 84 monthAPY + 3.50%
  • FAQs

    Frequently Asked Questions

    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 also 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. 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, log in and select 'transfers'. Select where you want to transfer from and which loan you would transfer to.
    2. Log into iTalk (telephone teller) and make your payment. Option 3 for payments.
    3. To make a payment with a debit/credit card, call (248) 263-4100.
    4. 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.
    5. 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.
    6. 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

Consolidate debt, finance home improvements, or cover unexpected expenses, we can help!

Apply Online

*APR = Annual Percentage Rate: The actual APR and loan term are 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.

Special Loan Rate Discount: Benefit from a 0.25% reduction when enrolling in our AutoPay service and 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.

Payment Example: Monthly payments of $20.00 for each $1,000 borrowed at 6.55% APR for 60 months.

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.